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

Leadership Council Avows To Take All Measures To Prevent Violations of Yemeni sovereignty

The Presidential Leadership Council (PLC)held an extraordinary meeting chaired by His Excellency President Dr. Rashad al-Alimi, the Chairman of the Council, with the presence of all its members Sultan al-Aradah, Tariq Saleh, Abdulrahman al-Mahrami, Dr. Abdullah al-Alimi, Othman Majli, Mahmoud al-Subaihi and Salem Al-Khanbashi to discuss national and regional developments and the proposed policies to address them at all levels. The Prime Minister Dr. Shaya Zindani was in attendance.

Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks

The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

France Advance to World Cup Quarterfinals, Set Up Morocco Clash

France secured a place in the quarterfinals of the 2026 FIFA World Cup after edging Paraguay 1-0 in their Round of 16 encounter.

Last Update: ، 2026/07/11 Time 07:10:54
Latest News:

Al-Alimi Discusses With Senior British Official Bilateral Cooperation

Leadership Council Avows To Take All Measures To Prevent Violations of Yemeni sovereignty

Minister of State Discusses Aden's Development, Service Needs with UNOPS

Al-Sharjabi Discusses Water and Sanitation Resilience Project in Taiz with Solidarités International

Prime Minister Receives Director of International Child Care Organization

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.