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Last Update: ، 2018/05/23 Time 10:19:02
Governor of Socotra reports to President Hadi about damages caused by the tempest
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Latest News:
Bulgarian official confirms own country's support for Yemen's candidate to ACABQ
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Governor of Socotra reports to President Hadi about damages caused by the tempest
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CBY convenes on monetary policy and banking
[16/05/2018 11:51]

ADEN-SABA
The Central Bank of Yemen, chaired by its governor Mohammed Zammam, convened a broad meeting on a number of issues related to monetary policy and banking.

The meeting which brought together the governor's deputies and the managers of private banks, commerce chambers, money exchange business and other companies discussed the CBY's accomplished missions and future trends.

Dr. Zammam reiterated the CBY's commitment to cover the finance of importing staple commodities such as wheat, rice, sugar, milk and cooking oil through letters of credit opened with official banks across the country as of the beginning of next June. That will be possible know thanks to the Saudi deposit of $ 2 billion.

He said that they are coordinating with the Prime Minister and the Minister of Finance to pay the salaries of public employees to their bank accounts. He said that there is an improvement in the status of the Central Bank and the availability of cash. He said that soon the committee in charge of determining the price of the Yemeni Riyal exchange rate against the US dollar will soon assume its role and set a realistic exchange rate.



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Beaking News
Bulgarian official confirms own country's support for Yemen's candidate to ACABQ

Fatah calls on UN agencies to dispatch medical, relief teams to Socotra and Al-Mahara

Coastal Mahrapeople warnedto go to shelters asMekunu nears

Fatah urges all organizations to actively contribute to the Relief Conference in France

Fatah calls on UN agencies to dispatch medical, relief teams to Socotra and Al-Mahara

Governor of Socotra reports to President Hadi about damages caused by the tempest

President Hadi receives American ambassador to our country

Cabinet approves development projects in Socotra Archipelago

The Élysée: Humanitarian Conference on Yemen to be held in Paris by the end of June

PM, Saudi ambassador discuss reconstruction action-plans



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