South Arabia
Central Bank of Yemen Issues a Statement About Rumors of Currency Withdrawal
[su_label type=”info”]SMA News – Aden – Exclusive [/su_label][su_spacer size=”10″] The Central Bank of Yemen issued a statement denying the intention of withdrawing currencies of the Yemeni market. SMA News publishes the statement as it is:
Statement by the Press & Media Department of the Central Bank of Yemen
The Central Bank of Yemen denied the false allegations and statements concerning the issuance of any data or initiatives for the withdrawal of currencies from the Yemeni market as inferred by those illegitimate source leaks that lack credibility. The official source confirmed that all currencies issued by the Central Bank of Yemen have been fully vetted and hold legal status in the country.
Calling attention to the country’s difficult and extenuating circumstances in which the bank works tirelessly with all its branches and employees into pooling all its resources to activate and strengthen its position to protect and revive the national economy. Utilizing all plausible possibilities which are in the best interest of the country and in accordance with the law of the Central Bank of Yemen No. 14 of 2000 and its amendments.
The official source also affirmed that the senior management of the Central Bank of Yemen operates under the leadership and guidance of His Excellency President Abdo Rabbu Mansur Hadi, President of the Republic of Yemen. It is under his patronage the Central Bank asserts to carry on its duties, functions and responsibilities with the upmost vigor and persistence. This will always result in the continuous combating of outright fabrication of lies and deceit ensuring that their sole purpose and intent to misguide and ignite chaos falls in vain.
Any previously raised incidents have been attended to and resolved in the correct legal frameworks under the directives of his excellency the President of the Republic of Yemen, who has always pledged his full support to the Central Bank, and in return it aids to secure his victory in his quest to serve the nation and people of Yemen.
Statement by the Press & Media Department of the Central Bank of Yemen
The Central Bank of Yemen denied the false allegations and statements concerning the issuance of any data or initiatives for the withdrawal of currencies from the Yemeni market as inferred by those illegitimate source leaks that lack credibility. The official source confirmed that all currencies issued by the Central Bank of Yemen have been fully vetted and hold legal status in the country.
Calling attention to the country’s difficult and extenuating circumstances in which the bank works tirelessly with all its branches and employees into pooling all its resources to activate and strengthen its position to protect and revive the national economy. Utilizing all plausible possibilities which are in the best interest of the country and in accordance with the law of the Central Bank of Yemen No. 14 of 2000 and its amendments.
The official source also affirmed that the senior management of the Central Bank of Yemen operates under the leadership and guidance of His Excellency President Abdo Rabbu Mansur Hadi, President of the Republic of Yemen. It is under his patronage the Central Bank asserts to carry on its duties, functions and responsibilities with the upmost vigor and persistence. This will always result in the continuous combating of outright fabrication of lies and deceit ensuring that their sole purpose and intent to misguide and ignite chaos falls in vain.
Any previously raised incidents have been attended to and resolved in the correct legal frameworks under the directives of his excellency the President of the Republic of Yemen, who has always pledged his full support to the Central Bank, and in return it aids to secure his victory in his quest to serve the nation and people of Yemen.
