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

NCIAHRV, JIAT discuss joint coordination, cooperation

The Chairman and members of the National Commission to Investigate Allegations of Human Rights Violations (NCIAHRV) discussed today in the interim capital of Aden with the Chairman and members of the Joint Incidents Assessment Team (JIAT) in Yemen ways to enhance cooperation and coordination between the two sides.

The victims toll of Israeli annihilation war on Gaza rises to 45,059 martyrs,107,041 injured

The mortalities toll of the Israeli occupation extermination warfare on the Gaza Strip since October 2023 has risen to 45,059 martyrs and 107,041 injured.

Canada's federal budget deficit rises to $61.9 billion

The Canadian government recorded a federal budget deficit of $61.9 billion during the fiscal year ending March 31, 2024.

Arabian Gulf Cup Football Federation announces kickoff of 26th tournament referees course

The Arabian Gulf Cup Football Federation announced the launch of the 26th Gulf Cup referees course at the referees' residence in the Kuwaiti capital, which is preparing for the tournament's kick-off on December 21.

Last Update: ، 2024/12/22 Time 06:18:09
Latest News:

Maj. Gen. al-Zubaidi, Ambassador of Djibouti discuss coordination of positions to secure international ..

Yemen condemns car-ramming attack in German city of Magdeburg

Yemen welcomes UN resolution on Israel's obligations regarding UN activities in Palestin

General al-Zubaidi Commends Kuwait's Support for Yemen

Leadership Council continues discussing developments in national affairs

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.