The CBY takes measures for alleviating pressure on currency markets, says Zimam

President al-Alimi Calls for International Efforts to Designate Houthi Militia as Terrorist Organization

Chairman of the Presidential Leadership Council Dr. Rashad Mohammed al-Alimi has formally called on UN Secretary-General António Guterres to support international efforts through the Security Council to designate the Houthi militia as a terrorist organization, enforce the arms embargo, cut off its funding and weapons supplies, and hold its supporters accountable.

GCC Secretary-General Welcomes UN Security Council’s Position on Houthi Attacks Against Saudi Arabia

The Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi has expressed his appreciation for the position conveyed by members of the United Nations Security Council in their presidential statement regarding the attacks carried out by the Houthi terrorist militia against the Kingdom of Saudi Arabia.

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: ، 2026/10/20 Time 12:03:25
Latest News:

President al-Alimi Calls for International Efforts to Designate Houthi Militia as Terrorist Organization

GCC's Ministerial Council Confirms its Support for Yemen's Unity, Sovereignty, Calls for Designating ..

Yemeni Ambassador Discusses Escalating Houthi Threats with US Assistant Secretary of State

Zouba, Indonesian Deputy Foreign Minister Discuss Cultural and Educational Cooperation

Government Calls on Security Council to Condemn Houthi Escalation in Yemen

The CBY takes measures for alleviating pressure on currency markets, says Zimam

[11/09/2018 01:51]

ADEN-SABA

Governor of the Central Bank of Yemen Mohammad Zimam has said the bank has taken a number of steps for alleviating pressures on currency markets and providing basic goods to citizens with low prices across Yemen.

In a release issued by the bank's media and banking culture center, Zimam added procedures of finalizing needed measures from concerned institutions in Saudi financial ministry for paying the second batch of the Saudi deposit for supplying the basic substances through a demand raised by the Yemeni trade banks worth more than 62 USD billion.

He pointed out that the bank has provided credits for the same basic goods offered by the commercial banks for sums lesser than USD 200 thousand supplied directly by the Central Bank of Yemen in coordination with the government.

He confirmed that the bank has taken necessary executive measures regarding the Ministers Council's decision No. 76 for 2018 authorizing the Yemeni commercial banks selling USD 2000 to departing citizen from Aden or Sayoon for the purpose of medication abroad and the bank will compensate the trade banks on those funds as soon as receiving their financial claims.

He made it clear that the economic crisis requires integration of government and social efforts, pointing out that a single body cannot face any possible economic collapse.