Al-Houthi launches campaign to confiscate new edition of currency

Al-Houthi launches campaign to confiscate new edition of currency

Al-Houthi militants carried out a large-scale campaign to confiscate the new edition of the Yemeni currency, category  "200, 500, 1000 " Riyals, from the capital Sana'a and the cities controlled by the armed group.

Residents and local sources told "AL-Masdar online" that the Houthi militias began to launch a massive campaign in markets, supermarkets and exchange shops to confiscate the new edition, which originated from the central bank of Yemen in Aden.

She explained that the Houthis are a circular issued by the Ministry of Commerce and Industry, which is controlled by them, to prevent the circulation of the new edition of Money in the sale and purchase or in commercial transactions, and who would otherwise be punished, confiscation of funds and subject to the legal actions according to the circular.

The sources indicated that the Houthis closed a number of shops on the grounds that the circular was torn down and not adhered to.

Recently, militias implicitly allowed the new edition to be dealt with in all the institutions, businesses and shops in Sana'a, but approved a ban on circulation last mid-week, and directed the punishment of those who continue to deal with them.


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