Chair of the Presidential Leadership Council receives credentials of the Libyan ambassador
His Excellency President Dr. Rashad Muhammad Al-Alimi, Chairman of the Presidential Leadership Council, received today, Sunday, at the Ma’asheq Palace in the interim capital, Aden, the credentials of the new Libyan ambassador, Idris Ahmed Abu Bakr, who conveyed to the President the greetings of the President of the Libyan Presidential Council Muhammad Al-Manfi, the head of the Government of National Unity Abdul Hamid Al-Dabaiba to the President and members of the Presidential Leadership Council, wishing them good health and happiness, and the Yemenis stability and peace.
Secretary-General of the Arab League calls for assisting Yemenis
(Saba)- Secretary-General of the Arab League A hmed Aboul-Gheit on Monday appealed to the international community and humanitarian organizations to immediately provide assistance and relief to Yemenis.
Wall Street Closing
U.S. stocks closed higher Wednesday after the Federal Reserve (Fed) took a less aggressive stance than expected.
Yemen reaches 124th place in FIFA's monthly ranking
The national football team has moved up one place in FIFA's new monthly ranking reaching the 124th as published by the FIFA on Thursday.
User Name: Password:
Central bank plans to take measures to reform situation as much as it can
[27/09/2021 01:16]
ADEN – SABA
The central bank of Yemen intends, soon, to take firm decisions and measures at the level of the banking and exchange sectors to reform the situation as much as it can, to stop the sharp deterioration in the value of the local currency.

The bank reiterated that it enjoys complete independence, hoping that everyone will cooperate with it and realize the danger of the continued depreciation, and the risks of interference in its affairs.

The bank said in an explanatory statement issued by it: that no decision was taken to close the activity of exchange companies and facilities, and that the decision was taken by the Money Changers Association and presented to the competent department of the Central Bank, where this decision was dealt with as an initiative of the Money Changers Association and others among the initiatives that were discussed recently to contribute to limiting the deterioration of the local currency in light of abnormal and unstable working conditions.

The statement added: The Central Bank is aware of the sensitivity and complexities of the situation that arose after others intervened in the activity of the money exchange market, and even concluded agreements with a number of money changers without realizing the consequences of that, which we consider illegal and not binding on us in the Central Bank stressing the bank’s keenness to avoid fabricating any crisis or confrontation between it and any party, and making it a cause of the significant deterioration of the value of the local currency.


Appointing Faez Qahtan, Commander for Second Military Region
President meets with Parliament Speaker, MPs on latest developments
Ministry of Foreign Affairs receives copy of the credentials of the Libyan ambassador
Foreign ministry expresses solidarity with Saudi towards everything that threat its security
Presidential Council chair puts Yemeni people before the reality of the situation in Shabwa
PM confirms government's full support for the leadership of the new local authority in Hadramout
PM directs for immediate tackling to reduce the repercussions of flood on IDPs in Marib
Ambassador Mujalli discusses with Polish official agricultural support to Yemen
Foreign Minister meets President of the Jordanian Senate
Yemen, Jordan sign MOU on political consultation

About Saba News Agency | Usage Agreement | Contact Us