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

Lt. Gen. al-Subaihi Discusses Efforts to Deter Terrorist Threats in the Region with the U.S. Ambassador

Member of the Presidential Leadership Council Lieutenant General Mahmoud al-Subaihi met on Thursday with US Ambassador to Yemen Steven Fagin.

Republican Decrees Appoint New Governors

Republican decrees were issued on Thursday appointing new governors for the governorates of Lahj, Abyan, and Al-Dhalea.

Korea large companies' exports rise 10 percent

Large companies' exports in South Korea rose approximately 10 percent year-on-year in the fourth quarter of last year, driven by increased global demand for semiconductors.

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: ، 2026/03/14 Time 09:19:47
Latest News:

Lt. Gen. al-Subaihi Discusses Efforts to Deter Terrorist Threats in the Region with the U.S. Ambassador ..

Promoting women participation very important for development—Al-Khanbashi stressed

Minister of Education Discusses with UNICEF Mechanisms to Strengthen Joint Cooperation

Planning Minister Discusses Expanded Cooperation with UNICEF and FAO

Yemen Stresses Unified Arab Position to Strengthen Development Role in Global Trade System

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.