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

Foreign Minister Praises U.S. Support for Yemeni Government

Minister of Foreign Affairs and Expatriates Dr. Afriah al-Zouba met today, Thursday, with U.S. Embassy Charge d' Affaires to Yemen Neil Hopp and discussed the ongoing developments and the implications of Houthi escalation as well as Yemeni-American bilateral cooperation and support for the Yemeni government and its institutions.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

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: ، 2026/10/02 Time 01:34:33
Latest News:

Dr. al-Alimi Confers with British Ambassador over Bilateral Cooperation

Cabinet Approves Executive Measures for Fulfilling General Mobilization, Appreciates Saudi Support

Yemen Ambassador Discusses with Jordanian Official Ways to Enhance Cooperation

President al-Alimi: Militias Started This War, But Armed Forces Will End It in Way Meets Aspirations ..

Heavy Fighting Erupts Across Taiz Fronts as Government Forces Inflict Losses on Houthis

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.