Yemen's Central Bank warns of fake bill use

The Member of the Presidential Leadership Council and Governor of Marib governorate Sultan Arada inaugurated today, Sunday, a number of development projects in public works, sanitation and urbanization funded by the local authority as part of ongoing efforts to enhance services and improve the urban landscape of Marib city.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

China's ETF market hits record $855.6

The combined scale of China's exchange-traded funds (ETFs) has hit a record 6.02 trillion yuan ($855.6 billion), up more than 2.2 trillion yuan from the end of last year, Shanghai Securities News reported Saturday, citing data from Choice, a financial information provider.

Arsenal defeats Brighton and strengthens its lead in the English Premier League

Arsenal defeated Brighton 2-1 in their match at the Emirates Stadium as part of the 18th round of the English Premier League.

Last Update: ، 2025/12/29 Time 12:36:50
Latest News:

Yemen Participates in Emergency Arab League Meeting to Reject Israeli Recognition of "Somaliland" Region

Yemeni Community in Saudi Arabia Backs National Defense Council Decisions

Political Parties Welcome Message of Saudi Minister of Defense

The Deputy Minister of Foreign Affairs Discusses with Korean Ambassador Ways to Enhanc Cooperation

Deputy Minister of Planning Discusses with United Nations, Red Cross Enhancing Coordination to Support ..

Yemen's Central Bank warns of fake bill use

[27/05/2017 08:11]

ADEN- SABA

The governor of the Central Bank of Yemen announced that the security authorities have arrested a number of cardboard boxes containing imitation bills of the Yemeni Rials currency, in YR 5,000 banknotes. The notes are designed as cashier's cheques.

"A fraud like this is a criminal violation of the law," said the bank's governor, Munassar Al-Quayti.

It is believed that the rebel Houthi gangs in Sana'a are behind this forgery, said Al-Quayti.

"Earlier, these gangs had previously issued vouchers that bear various values of no legal status and put them into circulation to deprive the victims of their financial rights and waste their wealth."

We warn that this paper money is fake and all its users are liable to big loss, he said. The CBY urged all people to avoid such bills, vouchers and cheques for the preservation of their money and for the safety of the national economy.