Yemen’s president sacks governor and announces new central bank in Aden
Move may increase humanitarian crisis, expert says
Yemen's president announced this week that the central bank based in Sana'a, the capital of the civil-war-torn country, was no longer the country's legitimate monetary authority, dismissing the bank's governor. The move could greatly increase the risk of a major humanitarian crisis in the country, an expert on Yemen tells CentralBanking.com.
Yemeni president Abd Rabbuh Mansur Hadi announced on September 18 that a new central bank was being established in the southern port town of Aden. Hadi said
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