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

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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.