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Special Yemeni currency recovers 10 percent of value as central bank shuts down rogue exchanges

Yemeni currency recovers 10 percent of value as central bank shuts down rogue exchanges

  • The riyal was trading at 950 to the dollar compared with 1,050 earlier in the week, its first significant rebound since December
  • Another five currency-exchange firms were forced to close for violating monetary rules, bringing the total number in the past week to 13
By Saeed Al-Batati ·
Yemen officials: Houthi militia ban on banknotes stops gov’t salaries

Yemen officials: Houthi militia ban on banknotes stops gov’t salaries

By AP ·

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