PM confirms government's full support for CBY's measures to manage national currency exchanges

Yemen signs an agreement with Arab League to organize goods transport on highways

The Republic of Yemen inked an agreement with the League of Arab States about organizing goods transport through land highways between Yemen and the Arab countries.

Bulgaria, Romania, Austria to sign declaration supporting Bulgaria's accession to Schengen by land

Bulgaria’s Caretaker Prime Minister has said that on Friday, November 22, the interior ministers of Bulgaria, Romania and Austria will sign a declaration supporting the full membership of Bulgaria to the Schengen Zone.

S. Korea's exports rise up 5.8 percent

South Korea's exports rose 5.8 percent year-on-year in the first 20 days of November, driven by strong global demand for semiconductors and ships.

Portugal beats Poland 5-1 qualifying for knockout stages of UEFA Nations League

Portugal qualified for the knockout stages after of UEFA National League after defeating Poland 5-1.

Last Update: ، 2024/11/21 Time 03:33:26
Latest News:

PM receives Chinese Chargé d'Affaires to Yemen

PM, UNOPS discuss projects in basic services

Leadership Council member al-Zubaidi, Spanish Ambassador discuss ways to promote bilateral relations

FM reviews Yemeni and regional developments in meeting with French Ambassador

Maj. Gen. al-Zubaidi: No peace in the region while Houthi terrorism persists in land and sea

PM confirms government's full support for CBY's measures to manage national currency exchanges

[29/09/2021 01:57]

ADEN - SABA
Prime Minister Dr. Ma'enn Abdulmalik has confirmed government's full support for the measures taken by the Central Bank of Yemen (CBY) to manage national currency rates, control money exchanges market and prevent currency speculations.

His statement came as he presided over joint meeting today, Wednesday, in the temporary capital Aden included senior officials of Ministry of Finance and (CBY) and Aden governor Ahmed Lamlas.

The session intended to reinvigorate mechanisms of coordination between financial and monetary policies to achieve economic stability and control national currency exchange rates.

Prime Minister stressed that it is very important to establish well-coordinated financial and monetary policy to help improve national currency exchange rates and control currency speculations and manipulation.
He urged collective action by national government, CBY and local authority to contribute toward attaining economic stability as soon as possible.