The Central Bank stops the sale and purchase of foreign currency in exchange offices



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The Central Bank stops the sale and purchase of foreign currency in exchange offices

The Central Bank of Yemen (CBY) decided Wednesday to stop selling and buying in convenience stores, media reports said.

The circular suspended the sale and purchase of foreign currency until further notice.

This decision is part of the efforts of the government authorities and the Central Bank to curb speculation in the national currency and set the official exchange rate.

The Central Bank has not issued any official statement confirming or refusing the announcement of the news.

Bawabati was unable to communicate with his sources at the Central Bank to discover the truth.

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