Books / Majid Al-Daari

The Houthi Central Bank in Sanaa is moving towards printing a new paper currency, for circulation in the areas under their control, after its board of directors spoke yesterday about continuous and fruitful efforts to solve the problem of damage and obsolescence of the old paper currency and end the social and economic problems resulting from it in the areas under their militia control..

So how and where can they print..

Will Russia or Germany violate international laws and allow the printing of a new currency today, ignoring the laws of the Security Council and international recognition..

Personally, I rule this out and expect that the printing is forged with illegal Iranian-Russian capabilities and in violation of the international laws, procedures and standards used for printing and circulating globally recognized currencies.

The most important question now remains:

What can the legitimate government and its central bank in Aden do in order to stop this imminent Houthi disaster that is most dangerous to the remaining value of the local currency and the cohesion of the Yemeni banking sector and its largest monetary mass in the history of the countries that are today in circulation in the banking market with more than five trillion riyals.< /p>

May God help the Yemeni people oppressed by all the crises from the scourge of the fire of the world’s dirtiest economic war that broke out today between the centers of Aden and its supposed branch in Sana’a, and there are no understandings through which this absurdity can be stopped and the national interest of the afflicted people on both sides prevail.