Aden Central Bank Rejects Allegations of Money Smuggling

Aden Central Bank Rejects Allegations of Money Smuggling

ADEN, YEMEN – The Central Bank of Yemen (CBY) in Aden strongly refuted allegations circulating on social media that it was involved in smuggling large sums of money through official channels under the governor's signature. A senior bank official stated that all funds transferred through ...

Yemeni Central Bank Announces Dollar Auction for $50 Million

Yemeni Central Bank Announces Dollar Auction for $50 Million

ADEN, Yemen – The Central Bank of Yemen (CBY) announced on Sunday, August 18, 2024, an open auction for the sale of $50 million on Thursday, August 22, 2024. The announcement, labeled Auction No. (11-2024) for the sale of foreign currency, was published on the CBY's official webs...

Protesters in Aden Condemn Rollback of Banking Sector Reforms

Protesters in Aden Condemn Rollback of Banking Sector Reforms

A protest took place in Aden, Yemen's temporary capital, on Thursday, July 25, 2024, in front of the Central Bank of Yemen headquarters. The protest condemned the rollback of recent decisions aimed at regulating the banking sector, according to a Barran Press correspondent. The demonstratio...