US: Houthis undermine international efforts to find solution to conflict
US Department of State has said that Houthi militia are undermining international efforts to find diplomatic solution to the conflict in Yemen.
Secretary-General of the Arab League calls for assisting Yemenis
(Saba)- Secretary-General of the Arab League A hmed Aboul-Gheit on Monday appealed to the international community and humanitarian organizations to immediately provide assistance and relief to Yemenis.
Wall Street Closing
U.S. stocks closed higher Wednesday after the Federal Reserve (Fed) took a less aggressive stance than expected.
Yemen reaches 124th place in FIFA's monthly ranking
The national football team has moved up one place in FIFA's new monthly ranking reaching the 124th as published by the FIFA on Thursday.
User Name: Password:
CBY convenes on monetary policy and banking
[16/05/2018 02:51]

ADEN-SABA
The Central Bank of Yemen, chaired by its governor Mohammed Zammam, convened a broad meeting on a number of issues related to monetary policy and banking.

The meeting which brought together the governor's deputies and the managers of private banks, commerce chambers, money exchange business and other companies discussed the CBY's accomplished missions and future trends.

Dr. Zammam reiterated the CBY's commitment to cover the finance of importing staple commodities such as wheat, rice, sugar, milk and cooking oil through letters of credit opened with official banks across the country as of the beginning of next June. That will be possible know thanks to the Saudi deposit of $ 2 billion.

He said that they are coordinating with the Prime Minister and the Minister of Finance to pay the salaries of public employees to their bank accounts. He said that there is an improvement in the status of the Central Bank and the availability of cash. He said that soon the committee in charge of determining the price of the Yemeni Riyal exchange rate against the US dollar will soon assume its role and set a realistic exchange rate.


Foreign Ministry condemns launch of a ballistic missile by the Houthi militia towards Riyadh
Yemen company discusses resumption of gas project
Republican decree reshuffling CBY's board issued
Republican Decree appoints vice finance minister issued
PM chairs meeting over price hikes
Miftah launches food assistances to new displaced people in Marib
PM chairs meeting with CBY, Bankers Association
National Enquiry Commission documents violations that affected civilians in Hays district
Yemen chairs the meeting of the Council of Arab Justice Ministers
Civilian injured in Houthi missile attack on a Marib neighborhood

About Saba News Agency | Usage Agreement | Contact Us