Yemen Central Bank says news of Saudi deposit postponement fabricated

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Yemen Central Bank says news of Saudi deposit postponement fabricated

[02/03/2018 02:30]

ADEN-SABA
The Central Bank of Yemen (CBY) said the ongoing allegations that the Saudi $2 billion deposit to shore up Yemen's currency, Riyal, has been put off is not true and "are fabricated news from entities and persons who harbor hatred for the whole Yemeni people."

In a statement on Thursday, the CBY said, "the fact is there is a strong keenness to accomplish the administrative and banking arrangements in the soonest possible and then the signature (on the deposit transaction) will be made within the coming week in the presence of all media outlets interested to attend."

The CBY said the technical team is about to finish the arrangments for receiving the deposit.

The CBY also denied news that its headquarters will be relocated out of Aden city saying it is now "operating in an efficient and independent manner."

The CBY called on all people including journalists to verify the authenticity of their stories especially in the economic and banking field.