Zammab, British ambassador discuss unifying monetary procedures and policies in Yemen

Member of PLC Othman Mukalli meets with French Ambassador

Member of the Presidential Leadership Council, Sheikh Othman Mujalli met Thursday with the French Ambassador to Yemen, Catherine Corm-Kammoun.

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.

Austrian central bank expects 0.3 percent growth in 2025

The Austrian Central Bank expects the local economy to record a slight growth in GDP of 0.3 percent for the current year 2025, thus avoiding entering a third year of recession, following stronger than expected economic performance in the first half of the year.

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: ، 2025/09/18 Time 06:14:51
Latest News:

Yemen and Bahrain Strengthen Oil and Gas Cooperation at Regional Conference

Gov't delegation introduced to experience of party school in Shanghai

Amb. al-Eryani discusses with Friedrich Ebert Foundation developments in Yemen

Industry Minister Meets Chamber of Commerce Chiefs to Boost Private Sector Partnership

Leadership Council Chairman Orders Crackdown on Criminals in Taiz After Deadly Assassination

Zammab, British ambassador discuss unifying monetary procedures and policies in Yemen

[31/03/2018 01:21]

RIYADH -SABA
The Governor of the Central Bank of Yemen, Dr. Mohammad Mansour Zammam, discussed today with the UK Ambassador to Yemen Michael Aron the processes being carried out by the CBY in order to unify monetary procedures and policies in Yemen to serve the Yemeni people.

They discussed restructuring and developing the institutional infstructure of the CBY, a project that involves the UK, the United States, Saudi Arabia and the United Arab Emirates – the four countries handling the economicissue of Yemen.

They discussed the ongoing efforts to stop the deterioration of the national currency, that problem that has been negatively impactingpurchasing power of the Yemeni people.

Zammam praised the great role played by Saudi Arabia in all fields, including its $2 billion deposit that helped stabilize the exchange rate of the Yemeni Riyal and helped the CBY to review its monetary policies and to restore its monetary cycle.

The British Ambassador expressed his readiness to continue the technical and financial assistance to CBY as well as support CBY's efforts to reactivate bank accounts with British banks.