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

Human Rights Report: Members of Transitional Council Committed 312 Cases of Arrest, Forcibly Disappearance in Hadhramaut during two Weeks

The Yemeni Network for Rights and Freedoms has revealed the documentation of 312 cases of arbitrary arrest and forcibly disappearance committed by members of the Southern Transitional Council in Hadhramaut Valley and Desert.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Oil rises in early Asian trading

Oil prices rose up nearly a dollar in early Asian trading today, Thursday, after U.S. President Donald Trump announced a ban on the entry and exit of oil tankers to and from Venezuela.

CAF Unveils Official Mascot for 2025 Africa Cup of Nations in Morocco

The Confederation of African Football (CAF) and the Local Organizing Committee unveiled the official mascot for the 2025 Africa Cup of Nations in Morocco, named "Asad" (Lion), embodying a symbol of African pride and passion for football.

Last Update: ، 2025/12/19 Time 08:49:44
Latest News:

Human Rights Report: Members of Transitional Council Committed 312 Cases of Arrest, Forcibly Disappearance ..

Yemen Calls for Addressing Roots behind Migration, Strengthening International Support for Government ..

President al-Alimi Praises Parliament's Support Toward De-escalation Efforts in Eastern Governorates

Leadership Council Chairman Reaffirms Full Support for Hadramout Governorate Authorities

Taiz Governor Directs Formation Committee to Prepare Plan to Address Water Crisis

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.