Marib authorities force26 unlicensed money exchangersto close

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Marib authorities force26 unlicensed money exchangersto close

[05/08/2018 06:12]

MARIB-SABA
Government authorities in Marib forced 26 unlicensedmoney exchangers to close in line with a similar crackdown the country's central bank is launching in the government-held provinces in the aftermath of the dramatic devaluation of the national currency.

The closure of the exchange shops was carried out by a committee composed of various competent authorities headed by the deputy chief of public prosecution in the province Nabil al-Adimi.

The sharp fall in the Riyal value caused a soar in the already high prices of basic commodities, making the humanitarian crisis worse.