Yemen Monitor / Newsroom:
The Director of the Central Bank of Yemen’s branch in Marib Governorate, Jamal Al-Kamil, announced on Tuesday the detention of 40 black market money changers as part of a wide-scale campaign carried out by the bank in cooperation with security agencies to crack down on currency exchange manipulators.
In a press conference, the bank director stated that the 40 black market exchangers have been jailed and will be referred to the Public Prosecution.
He stressed that the Central Bank will not tolerate those who manipulate or speculate in the currency market.
He added, “The bank will work to provide foreign currency to traders, and no trader will need to resort to the black market to purchase foreign currency.”
