President Hadi orders preservation of the central bank's independence

President al-Alimi praises UN Security Council statement, affirms commitment to protect state legal status

His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) received today, Wednesday, the Ambassador of the Republic of France to the Republic of Catherine Corm Kammoun to discuss the developments in the Yemeni national arena, mainly the developments in the eastern governorates and the needed role by the international community in supporting the Saudi-led efforts to deescalate tensions and normalize the situations in the Hadhramaut and al-Mahra governorates.

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).

Korean autos exports rise 13.7 percent in November

South Korea's autos exports rose by 13.7 percent year-on-year in November, thanks to a notable increase in shipments of eco-friendly and hybrid models.

Barcelona Consolidates Lead in Spanish La Liga with Win Over Villarreal

Barcelona strengthened its position at the top of the Spanish La Liga table after defeating host Villarreal 2-0 in the 17th round of the competition.

Last Update: ، 2025/12/24 Time 03:29:40
Latest News:

Press release of the International Security Council

President al-Alimi meets with Consultations and Reconciliation Commission headship

President al-Alimi sets out guidelines for Yemeni diplomatic missions discourse

Yemeni Ministries Reaffirm Constitutional Loyalty Amid STC Secessionist Declarations

Ministry of Youth and Sports Condemns Misrepresentation of Ministry and Reaffirms Commitment to Constitution

President Hadi orders preservation of the central bank's independence

[16/08/2021 02:31]

ADEN-SABA
President Abd-Rabbu Mansour Hadi has ordered preserving the central bank's independence and taking measures to stop the involvement of banks and money exchange businesses in currency speculation with the Houthi terrorist militia in Sana'a.

Chairing a meeting with the prime minister and board of directors of the central bank, Hadi ordered ensuring a serious surveillance on banks and money exchange businesses and ensuring the relocation of commercial banks' headquarters from the Houthi-controlled Sana'a to the country's temporary capital Aden.

Hadi ordered boosting the bank's control over money supply and ensuring that the monetary policy and market tools are not left in the hands of the money exchangers, speculators and the Houthi militia.

Hadi also directed the government to ensure that the external audit on the bank's accounts is carried out without delay.