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

Prime Minister, Foreign Minister meets with EU Special Representative for Gulf

The Prime Minister, Minister of Foreign Affairs and Expatriates Dr. Shaya Zindani met today, Saturday, on the sidelines of the fifth session of the Antalya Diplomatic Forum, with the European Union's (EU) Special Representative to the Gulf Luigi Di Maio.

Arab League Calls for Confronting Rising Anti-Muslim Hate

The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.

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.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/04/19 Time 04:07:18
Latest News:

Yemen Condemns Israeli Occupation Authorities’ Announcement of Appointing Ambassador to So-Called ..

Minister of Planning leads talks of gov't delegation with Vice President of WB for Middle East and North ..

Al-Sharjabi highlights importance of water agreements to achieve sustainability in water sector

Yemen Welcomes Announcement of Ceasefire in Lebanon

Prime Minister Discusses Strengthening Bilateral Relations with Syrian President

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.