CBY launches campaign against money speculators

Health Minister: We Aim to Leverage Chinese Expertise in Developing Health Sector in Yemen

Minister of Public Health and Population Dr. Qasem Buhybeh has called for establishing a hospital in Yemen that offers traditional Chinese medicine services alongside modern medical services.

Splendour of "Hellenistic Gold” Exhibition Showcases Rare Treasures from Bulgaria’s Sakar Region

A major new exhibition titled “The Splendour of Hellenistic Gold: The Ruler of Sakar” has opened at Bulgaria’s National Archaeology Museum in Sofia, bringing to light some of the most exquisite artifacts ever discovered in the country’s southeastern Sakar region.

U.S. federal debt exceeds $37 trillion

The federal debt of the United States has continued to rise, reaching $37.005 trillion, an increase of $6.3 billion, continuing the rapid upward trend of the debt, which shows no signs of slowing down.

Uganda and South Africa beat Niger and Guinea in the African Nations Championship

Uganda defeated Niger 2-0 in their Group C match at the African Nations Championship, currently being held in Uganda, Kenya, and Tanzania.

Last Update: ، 2025/08/16 Time 07:51:51
Latest News:

Aircraft "Kingdom of Awsan" arrives Aden International Airport

President al-Alimi Congratulates on Korean National Day

President al-Alimi Congratulates on the Anniversary of India's Independence

Supreme Council of Energy endorses plans to improve electricity services

Marib Deputy Governor discusses enhancing humanitarian partnership with UNDP, UNICEF

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.