The United States of America has renewed its support for the measures taken by the Central Bank of Yemen, praising the recent steps that helped limit currency speculation and strengthen the stability of the Yemeni rial, which improved by nearly 50% over the past two weeks.

The US Embassy in Yemen stated in a press release that a productive conversation took place today with Central Bank Governor Ahmed Ghalib, emphasizing the importance of maintaining the independence of the Central Bank of Yemen away from any political interference.

The statement confirmed that the time has come for the Yemeni government to urgently implement the necessary economic reforms, as they have a direct impact on improving the Yemeni economy and the daily lives of citizens.

The embassy stressed that the independence of the bank is the cornerstone of any sustainable economic reform, calling for strengthening this independence and providing the necessary support to ensure the bank’s continued effective performance.