CBY: Peoples need to be cautious about Houthi militia's deceptive plan to snatch their own reserves

Yemen, Arab League Discuss Developments and Strengthening Support for Yemen

Foreign Minister Dr. Afrah al-Zouba discussed developments in Yemen and ways to strengthen Arab coordination in support of the Yemeni government and people during a phone call on Wednesday with Arab League Secretary-General Nabil Fahmy.

GCC Secretary-General Welcomes UN Security Council’s Position on Houthi Attacks Against Saudi Arabia

The Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi has expressed his appreciation for the position conveyed by members of the United Nations Security Council in their presidential statement regarding the attacks carried out by the Houthi terrorist militia against the Kingdom of Saudi Arabia.

EU Allocates 525 Million Euros to Support Startups in Chip Design

European Commissioner for Technological Sovereignty, Security and Democracy, Hana Verkonen, announced that the European Union (EU) has allocated 525 million euros to support startups in the field of chip design.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/11/11 Time 08:12:02
Latest News:

Al-Arada Discusses Houthi Escalation and Taiz Siege with British Ambassador

Coalition Intercepts and Destroys Two Houthi Drones Over Saudi Arabia

Taiz Governor Discusses Cash Shortages, Food Supply Stability with Central Bank

Yemen, UN Release Third Update of Nationally Determined Contributions at COP31

National Battle Steadily Moving Toward Achieving its Planned Objectives—Members of PLC stressed

CBY: Peoples need to be cautious about Houthi militia's deceptive plan to snatch their own reserves

[25/12/2019 01:20]

ADEN-SABA
Central Bank of Yemen (CBY) has confirmed that all banknotes of the national currency of its different forms have been in circulation were officially issued in accordance with the law of the CBY no (14) of 2000 that was amended by law no (21) of 2003 are legal and binding currency, valid to be dealing with in all transactions throughout the Republic of Yemen.

In a statement the Yemeni News Agency (Saba) got a copy of it the CBY said" It shall not be allowed to ban dealing with the national currency banknotes issued by the CBY in line with conventional legal procedures that based on the law of the CBY and Republican decree no (119) of 2016 about re-shaping the Board of Directors of the CBY and relocating its headquarter in the interim capital Aden".

The CBY warned the people of the deceptive calls by any an authorized party for annulling banknotes of the national currency or imposing any illegal and un unlicensed methods to pay payments. In an insinuation to the Houthi militia's recent measures aiming to impose what it called E currency.