PM confirms government's full support for CBY's measures to manage national currency exchanges

Al-Aradah receives Somali Ambassador to Yemen

Member of the Presidential Leadership Council General Sultan al-Aradah received Thursday in his office here Ambassador of the Somali Federal Republic Abdullahi Hash Shurie, discussing with him mutual relations between the two countries and means of expanding them in different fields.

BRUSSELS: European Parliament Urges Lifting Schengen Land Border Controls for Bulgaria, Romania

The European Parliament (EP) on Wednesday called for lifting Schengen land border controls for Bulgaria and Romania by the end of 2024. Air and sea border controls were scrapped on March 31, 2024.

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: ، 2024/04/27 Time 12:31:02
Latest News:

Shammar receives Head of Middle East Department in Bulgarian FM

Al-Aradah receives Somali Ambassador to Yemen

Ambassador al-Awd discusses joint issues with Spanish official

Amb. Shamer discusses with Bulgarian official peace efforts in Yemen

President al-Alimi receives an invitation from Bahrain Monarch to attend Arab Summit

PM confirms government's full support for CBY's measures to manage national currency exchanges

[29/09/2021 01:57]

ADEN - SABA
Prime Minister Dr. Ma'enn Abdulmalik has confirmed government's full support for the measures taken by the Central Bank of Yemen (CBY) to manage national currency rates, control money exchanges market and prevent currency speculations.

His statement came as he presided over joint meeting today, Wednesday, in the temporary capital Aden included senior officials of Ministry of Finance and (CBY) and Aden governor Ahmed Lamlas.

The session intended to reinvigorate mechanisms of coordination between financial and monetary policies to achieve economic stability and control national currency exchange rates.

Prime Minister stressed that it is very important to establish well-coordinated financial and monetary policy to help improve national currency exchange rates and control currency speculations and manipulation.
He urged collective action by national government, CBY and local authority to contribute toward attaining economic stability as soon as possible.