PM meets follows up with CBY management on interventions to control deterioration of currency value

Al-Eryani: Seizure of Iranian Smuggling Vessel off Bab al-Mandab Highlights Ongoing Houthi Supply Lines

Minister of Information Muammar Al-Eryani said the seizure of an Iranian smuggling vessel carrying dual-use materials off the coast of Bab al-Mandab underscores the continued flow of support to the Houthi militia, despite mounting military pressure.

Arab League Calls for Confronting Rising Anti-Muslim Hate

The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.

Oil rises as markets assess supply risks

Oil prices rose today, Tuesday, due to supply concerns, with Brent crude futures climbing $2.89, or 2.9 percent, to $102.83 per barrel.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/03/26 Time 04:41:07
Latest News:

Al-Muharrami Meets Prime Minister to Discuss Developments and Support Government Reforms

Al-Subaihi Urges Removal of Obstacles Facing Humanitarian Work

Health Minister Discusses Academic and Medical Cooperation with German University of Rostock Delegation

Yemen's accession to WTO strategic step to boost economic reforms, says al-Ashwal

Minister of Social Affairs confers with German Ambassador over humanitarian, development aid

PM meets follows up with CBY management on interventions to control deterioration of currency value

[16/10/2024 03:21]

ADEN - SABA
Prime Minister Dr. Ahmed Awad bin Mubarak met with the management of the Central Bank of Yemen CBY to follow up on the interventions to control the deteriorating exchange rates of the national currency.

The premier was briefed by the bank leaders on the monetary situation in terms of liquidity indicators, money supply, and price levels, the state of foreign reserves, and developments in public finances in terms of resources and spending, the size of the deficit, and its financing mechanisms, in addition to the urgent measures that have been taken in light of recent developments to curb speculation with the national currency.

A number of measures were agreed on at the level of monetary and financial policies to end currency speculations, stabilize the currency exchange rate and restore the situation to normal and clamp down on manipulation.