PM urges CYB's active intervention to maintain national currency exchange rate

President al-Alimi receives Turkish Ambassador

His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) received today, Tuesday, in the temporary capital Aden, the Ambassador of the Republic of Turkey to the Republic of Yemen Mostafa Pollat.

Israeli aggression on Gaza in one year: 42,438 people martyred, 99,246 others injured

The year-long Israeli aggression on the Gaza Strip has left 42,438 people martyred and 99,246 others injured to the moment of this report.

Gold continues to rise amid uncertainty

Gold prices continued to rise, on Tuesday, near a record high, amid uncertainty regarding the US elections, and expectations of major central banks cutting interest rates.

AFC Champions League Elite: Al-Ahli beats Qatari Al-Rayyan 2-1

Al-Ahli has secured a 2-1 victory over Qatari rival Al-Rayyan during the match that brought them together today, at Ahmed bin Ali Stadium in Doha, in the AFC Champions League Elite 2024-2025.

Last Update: ، 2024/10/22 Time 02:00:44
Latest News:

PM chairs Supreme Committee for Clampdown on Smuggling for business appraisal

PM receives Turkish Ambassador in Adeb

FM praises Turkish support for Yemeni people

Council of Ministers: We're looking forward to get KSA, UAE further support to maintain economic stability ..

President al-Alimi meets with the Security, Military Committee

PM urges CYB's active intervention to maintain national currency exchange rate

[24/01/2020 12:18]

ADEN-SABA
Prime Minister Dr. Ma'een Abdulmalik stressed the need for effective intervention by the Central Bank of Yemen (CBY) to maintain the exchange rate of the national currency and enhance monitoring on the exchange companies.

His statement came as he presided over a meeting on Thursday of the board of directors of the CBY held in the interim capital Aden.

The session aimed to discuss necessary measures to maintain the exchange rate of the Yemeni Rial (YR) and deal with the Houthi rebel militia's illegal measures by banning dealing with the newly issued national currency banknotes.
Dr. Ma'een underlined the need to join efforts in order to manage the economic hardship the country has been struggling with.

The governor of the CBY touched upon the positive impacts of getting the approval to withdraw from the Saudi deposit the payments no (33,34, 35) with total amount $227 million to cover the request of commercial and Islamic banks around the country to import the basic commodity.