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

Yemen Condemns Iranian Missile Attack Targeting Jordan

The Ministry of Foreign Affairs and Expatriates expressed the Republic of Yemen's strong condemnation and denunciation of the Iranian missile attack that targeted the sisterly Hashemite Kingdom of Jordan.

Three Palestinians Killed, 10 Injured in Israeli Airstrikes on Gaza

Three Palestinians were killed and more than 10 others injured on Saturday in a series of Israeli airstrikes targeting several areas across the Gaza Strip.

Korea's Travel Account Posts Surplus for 3rd Month in Row

South Korea reported a surplus in its tourism account for the third month in a row in May, driven by a rise in the number of foreign tourists, reaching $220.5 million in May compared to a deficit of $820.2 million in the same month last year.

England Claim FIFA World Cup 2026 Bronze with Victory over France

England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.

Last Update: ، 2026/07/30 Time 08:39:32
Latest News:

Yemen: Republican Decree Appoints Ambassador to Saudi Arabia

Yemen Reaffirms Saudi Arabia's Right to Protect Its Security and Vital Infrastructure

Shura Council Chairman Discusses Developments in Yemen with UN Special Envoy

Human Rights Minister Discusses Strengthening Cooperation with IOM to Combat Human Trafficking

Central Bank Board Reviews Monetary Stability Programs

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.