CBY launches campaign against money speculators

The Minister of Foreign Affairs and Expatriates Dr. Shaya Zindani met today, Saturday, with the Secretary-General of the Gulf Cooperation Council (GCC) Jassim al-Budaiwi, on the sidelines of the 21st session of the Regional Security Conference (Manama Dialogue).

Israeli Occupation Forces Arrest 4 Palestinians in Ramallah

Israeli occupation forces arrested four Palestinians in Ramallah province today, Thursday, after raiding their homes.

Oil declines after trade developments between United States and China

Oil prices fell during trading session today, Thursday, following statements by US President Donald Trump regarding a meeting with his Chinese counterpart Xi Jinping

Morocco wins Under-20 Youth World Cup title

The Moroccan national team won the FIFA U-20 World Cup title after defeating Argentina 2-0 in the final of the tournament hosted by Chile.

Last Update: ، 2025/11/01 Time 07:27:04
Latest News:

Yemen Delegation Attends 25th INTOSAI Conference in Sharm El-Sheikh, Egypt

Foreign Minister meets Canadian ambassador to Yemen

Foreign Minister reviews historical relations with British Foreign Secretary

Yemen Participates in Key Meeting to Enhance Arab Free Trade Area Dispute Resolution

Foreign Minister Meets Australian Minister for Small Business, Development and Multicultural Affairs ..

CBY launches campaign against money speculators

[09/06/2020 07:30]

ADEN - SABA
The Central Bank of Yemen or CBY launched Tuesday - in cooperation with Prosecution in the Transitional Capital of Aden- wide campaign against speculators and corrupt money exchangers who are behind deterioration of the price of the local currency, Yemeni Rial.

According to a release issued by the CBY, field visits were made to exchange companies and exchange shops for inspecting abiding by laws and regulations issued by the bank for stopping the fall down of the Rial.

The first day of the campaign unearthed that a number of establishments and exchange companies were found violators and necessary punishments-including closure of some- were taken against them, the release went on.

The release added that the bank will continue its campaigns to cover all provinces and will take firm legal measures against violators like withdrawing of their licenses and bringing them to justice.