Aden – The United States has reiterated its full support for the independence of the Central Bank of Yemen, praising recent efforts that led to a significant improvement in the value of the Yemeni rial. 

In a statement issued by the U.S. Embassy in Yemen, Washington emphasized that the autonomy of the central bank is a cornerstone for ensuring long-term economic stability in the country.

The embassy commended Central Bank Governor Ahmed Ghaleb for implementing decisive measures over the past two weeks that curbed currency speculation and restored confidence in the financial system. 

These actions resulted in a nearly 50% rise in the rial’s value in government-controlled areas.

U.S. officials also held discussions with the governor in Aden to explore ways to support ongoing monetary and fiscal reforms, enhance transparency in economic policies, and strengthen financial governance. 

The embassy urged the Yemeni government to accelerate the implementation of critical economic reforms, warning that the future of Yemen’s economy and the livelihoods of its citizens remain at risk.

The announcement comes amid growing international engagement with Yemen’s financial institutions, as global partners seek to stabilize the country’s economy and support its recovery from years of conflict.