CBY launches campaign against money speculators

Foreign Minister Confers with Her Djiboutian Counterpart over Joint Cooperation

The Minister of Foreign Affairs and Expatriates Dr. Afrah al-Zouba discussed today, Saturday, with her Djiboutian counterpart Abdelqader Omar bilateral relations and cooperation between the two countries.

Three Palestinians Killed, 10 Injured in Israeli Airstrikes on Gaza

Three Palestinians were killed and more than 10 others injured on Saturday in a series of Israeli airstrikes targeting several areas across the Gaza Strip.

Korea's Travel Account Posts Surplus for 3rd Month in Row

South Korea reported a surplus in its tourism account for the third month in a row in May, driven by a rise in the number of foreign tourists, reaching $220.5 million in May compared to a deficit of $820.2 million in the same month last year.

England Claim FIFA World Cup 2026 Bronze with Victory over France

England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.

Last Update: ، 2026/08/02 Time 01:30:02
Latest News:

Minister of Public Works, Taiz Governor Launch Nashmah–Hawban Qadas Road Rehabilitation Projec

Yemeni, Egyptian FMs Discuss Bilateral Ties, Regional Security

Four Injured as Fire Destroys 23 Shelters at Marib Displacement Camp

Hadramout Security Forces Arrest Key Suspects in Journalist's Killing

Civilian Fatally Shot by Houthi Sniper in Western Taiz

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.