PM meets follows up with CBY management on interventions to control deterioration of currency value

President of Presidential Leadership Council Congratulates President Putin on Victory Day

The President of the Presidential Leadership Council, Dr. Rashad al-Alimi, sent a congratulatory cable to Russian President Vladimir Putin on the occasion of Victory Day in Russia.

Israeli aggression on Gaza leaves 51,157 people martyred, and 116,724 others Injured

The ongoing aggression by Israeli occupation forces on Gaza has resulted in a death toll of 51,157 and 116,724 injuries since October 7, 2023.

Oil rises as market awaits U.S.-China trade talks

Oil prices rose, today, Wednesday, remaining just above four-year lows, as investors focused on U.S.-China trade talks and signs of declining U.S. production.

Paris Saint-Germain Qualifies for Champions League Final with Victory over Arsenal

Paris Saint-Germain qualified for the Champions League final for the second time in its history, after repeating its 2-1 victory over Arsenal in the second leg of the semi-final.

Last Update: ، 2025/05/09 Time 05:34:15
Latest News:

Yemeni Ambassador Leads Arab Ambassadors' Meeting in Cuba

Presidential decree about appointing vice ministers in several ministries

Interior Minister, US Acting- Ambassador discuss security cooperation

PM receives letter from sectary general of GCC

Yemen Participates in Barcelona's Marine Expo

PM meets follows up with CBY management on interventions to control deterioration of currency value

[16/10/2024 03:21]

ADEN - SABA
Prime Minister Dr. Ahmed Awad bin Mubarak met with the management of the Central Bank of Yemen CBY to follow up on the interventions to control the deteriorating exchange rates of the national currency.

The premier was briefed by the bank leaders on the monetary situation in terms of liquidity indicators, money supply, and price levels, the state of foreign reserves, and developments in public finances in terms of resources and spending, the size of the deficit, and its financing mechanisms, in addition to the urgent measures that have been taken in light of recent developments to curb speculation with the national currency.

A number of measures were agreed on at the level of monetary and financial policies to end currency speculations, stabilize the currency exchange rate and restore the situation to normal and clamp down on manipulation.