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

Chief of Staff of Taiz Axis Discusses Strengthening Cooperation with Deputy Head of ICRC

The Chief of Staff of Taiz Axis Major General Abdulaziz al-Majidi discussed Monday with the Deputy Head of the International Committee of the Red Cross (ICRC) mission in Yemen Johannes Roth ways to enhance joint cooperation and coordination in humanitarian fields.

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.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/06/16 Time 05:26:50
Latest News:

Ministry of Agriculture, UNDP Discuss Procedures for National Fisheries Strategy

Chief of Staff of Taiz Axis Discusses Strengthening Cooperation with Deputy Head of ICRC

Parliament Speaker Discusses Bilateral Relations, Latest Developments with British Ambassador

President al-Alimi Warns Against Ceasefire Arrangements That Ignore Iran’s Conduct

Leadership Council Member Dr. Abdullah al-Alimi d Discusses with British Ambassador Latest Developments ..

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.