CBY launches campaign against money speculators

Decree of Chairman of Leadership Council to sack Minister Defense , refer him to retirement

Decree No. (11) of 2026 was issued today, Thursday, by the Chairman of the Presidential Leadership Council, Commander-in-Chief of the Armed Forces.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Turkey's exports to neighboring countries exceed $28 billion in 2025

Turkey's revenues from exports to neighboring countries made $28.352 billion in 2025, marking an increase of 4.6% compared to 2024, when they amounted to $27.092 billion.

Arsenal defeats Brighton and strengthens its lead in the English Premier League

Arsenal defeated Brighton 2-1 in their match at the Emirates Stadium as part of the 18th round of the English Premier League.

Last Update: ، 2026/01/08 Time 08:11:13
Latest News:

Al-Mahrami, US Ambassador discuss joint cooperation, partnership

Ambassador Balfagih Discusses Strengthening Bilateral Relations with Indonesian Foreign Minister

Prime Minister Receives Turkish Ambassador

Leadership Council Member Tariq Saleh meets with UN Envoy

Governor of Aden discusses with OCHA ways to enhance humanitarian response

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.