CBY launches campaign against money speculators

British Delegation Acknowledges KSrelief's Efforts in Yemen

A delegation from the UK's Foreign, Commonwealth & Development Office (FCDO) visited Aden to learn about the humanitarian and development efforts of the King Salman Humanitarian Aid and Relief Centre (KSrelief) in Yemen.

Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff

Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.

Saudi-French Businesses Forum kicks-off its sessions

The Saudi Minister of Commerce, Chairman of the Board of Directors of the General Authority for Foreign Trade Dr. Majid al-Qasabi and the French Minister Delegate for Foreign Trade and French Attraction Nicolas Forissier inaugurated yesterday, Saturday, the Saudi-French Business Forum.

Croatia Qualifies for 2026 World Cup with Thrilling Win Over Faroe Islands

Croatia secured a spot in the 2026 World Cup in the United States, Mexico, and Canada after defeating the Faroe Islands 3-1.

Last Update: ، 2025/11/26 Time 05:06:42
Latest News:

Houthi Landmine Explosion Kills Two Civilians in Yemen's Nehem District

British Delegation Acknowledges KSrelief's Efforts in Yemen

Information Minister Urges Lebanon to Shut Down Houthi Media Outlets Operating from Beirut

President al-Alimi: We're determined to go on controlling, accountability, combating corruption

Minister of Health Discusses Strengthening Partnership with UNFPA

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.