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

Planning Minister seeks Japanese's support for infrastructure of services

The Minister of Planning and International Cooperation Dr. Waed Badhib held discussions today, Thursday, via video conferencing with the Japanese Ambassador to the Republic of Yemen NAKASHIMA Yochi over bilateral relations between the two friendly countries and ways to strengthen and develop them in various fields.

Bulgarian Tourist Union to Celebrate 130 Years of Organized Tourism in Bulgaria

The Bulgarian Tourist Union (BTU) will organize a hike for hundreds of mountain lovers, starting from the Ivan Vazov National Theatre to Mt. Cherni Vrah, to celebrate 130 years of organized tourism in Bulgaria.

WB grants a $100 million to Madagascar

The World Bank (WB) has provided a grant of $100 million to Madagascar, aimed at improving the performance of the national electricity and water company 'JIRAMA', which is suffering from a severe financial crisis.

Leeds United beat Everton in English Premier League

Leeds United beat Everton 1-0 at Elland Road in the final round of the English Premier League.

Last Update: ، 2025/08/28 Time 02:40:40
Latest News:

Yemen participates in the 7th China-Arab States Expo

Health Minister Calls for Teamwork Ahead of Key Health Summit

Leadership Council Chairman Sounds Alarm on Iranian Arms Transfers to Houthis

Foreign Minister Meets with UNFPA Resident Representative

Tareq Saleh follows Up relief efforts for flood victims Hodeida

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.