Central Bank of Yemen (CBY)

Special Yemen’s Central Bank revokes licenses of 6 Sanaa banks

Yemen’s Central Bank revokes licenses of 6 Sanaa banks

  • The action, after the banks defied order to move HQs to Aden, comes as riyal falls to record low against the dollar
  • Government accuses the Houthis of waging an economic war by prohibiting the use of government-printed banknotes
By Saeed Al-Batati ·