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

Al-Alimi praises Yemeni crowds expressing support for Saudi Arabia, Gulf states against Iranian aggression

Member of the Presidential Leadership Council, Dr. Abdullah al-Alimi has praised P people's demonstration in Taiz and in Marib supporting Saudi Arabia, Gulf states and jordan.

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: ، 2026/03/30 Time 04:37:21
Latest News:

Deputy Chief of Staff discusses with international expert child recruitment

Presidential Leadership Council member al-Subaihi receives Vice President of WB in Aden

Amb. Bahumaid confers with Malaysian Deputy Foreign Minister bilateral cooperation

Vice Foreign Minister holds meeting with Yemeni Ambassadors in Europe

Prime Minister receives Vice President of WB in Aden

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.