PM urges CYB's active intervention to maintain national currency exchange rate

Ambassador Faqirah discusses with Diplomatic Institute training Yemeni cadre

Yemen's Ambassador to the Hashemite Kingdom of Jordan Jalal Faqirah discussed Wednesday with Ambassador Haifa al-Kharisha, the Director of the Diplomatic Institute at the Jordanian Ministry of Foreign Affairs, ways to enhance mutual cooperation and build the capabilities of the Yemeni diplomatic staff.

BTA chief: News should not be treated as commodity but as human right

Bulgarian News Agency (BTA) Director General Kiril Valchev said news should not be treated as a commodity but as a human right, the news agency published.

Chinese car sales surges 26.4 percent in the first quarter of 2024

Sales of passenger cars of Chinese brands increased by 26.4 percent year-on-year in the first quarter of 2024 as some 3.39 million vehicles were sold during the mentioned period.

Spain reaches the final of the European Nations League and sets a date with Croatia

The Spanish national team reached the final match of the European Nations League, after defeating Italy with two goals to one in the semi-finals of the tournament, to set a date in the final match with the Croatian national team, which succeeded in reaching the same role by defeating the Netherlands.

Last Update: ، 2024/05/02 Time 09:42:40
Latest News:

Taiz Governor discusses with Director of OCHA's office expanding interventions

Yemeni government reiterates its commitment to protect human rights

Eryani visits MBS Hospital in Aden, hails its services

Planning Minister participates in Roundtable Meeting for Islamic Bani in Riyadh

Al-Bahsani: Presidential Leadership Council pays Shabwa governorate much attention

PM urges CYB's active intervention to maintain national currency exchange rate

[24/01/2020 12:18]

ADEN-SABA
Prime Minister Dr. Ma'een Abdulmalik stressed the need for effective intervention by the Central Bank of Yemen (CBY) to maintain the exchange rate of the national currency and enhance monitoring on the exchange companies.

His statement came as he presided over a meeting on Thursday of the board of directors of the CBY held in the interim capital Aden.

The session aimed to discuss necessary measures to maintain the exchange rate of the Yemeni Rial (YR) and deal with the Houthi rebel militia's illegal measures by banning dealing with the newly issued national currency banknotes.
Dr. Ma'een underlined the need to join efforts in order to manage the economic hardship the country has been struggling with.

The governor of the CBY touched upon the positive impacts of getting the approval to withdraw from the Saudi deposit the payments no (33,34, 35) with total amount $227 million to cover the request of commercial and Islamic banks around the country to import the basic commodity.