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

GCC's Ministerial Council Confirms its Support for Yemen's Unity, Sovereignty, Calls for Designating Houthi Militias Terrorist Group

The Gulf Cooperation Council (GCC) affirmed the sovereignty of the Republic of Yemen and the unity of its territory, calling on the UN Security Council to implement its resolutions regarding Yemen and the rebellion of the Iranian-backed Houthi terrorist militias.

GCC Secretary-General Welcomes UN Security Council’s Position on Houthi Attacks Against Saudi Arabia

The Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi has expressed his appreciation for the position conveyed by members of the United Nations Security Council in their presidential statement regarding the attacks carried out by the Houthi terrorist militia against the Kingdom of Saudi Arabia.

Brent Crude Futures Rise 12 Cents

Oil prices remained mostly unchanged in early Asian trading on Thursday following gains from the previous session and a sharp monthly increase.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/10/18 Time 08:33:21
Latest News:

Yemeni Ambassador Discusses Escalating Houthi Threats with US Assistant Secretary of State

Zouba, Indonesian Deputy Foreign Minister Discuss Cultural and Educational Cooperation

Government Calls on Security Council to Condemn Houthi Escalation in Yemen

Al-Soqatari, al-Sharjabi Participate in Operational, Technical Mission of Water and Irrigation Management ..

Parliament Speaker Praises Kuwait’s Support for Yemen

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.