SANA'A, Jan. 05 (Saba) - For the first time in 2008, The Central Bank Of Yemen (CBY) pumped on Saturday $23 million into the stock market to keep rates of exchange balanced.

In its statement, Saba get a copy of, the CBY said that 2007 was a steady year for the Yemeni Riyal before the US Dollar due to the policies adopted by the bank.

It also stated that the bank would continue monitoring local financial markets and supply them with hard currency when necessary to achieve financial stability.

TD/AF

Saba