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Supreme revolutionary in Yemen rejects the decision to float the national currency
15/08/2017
The head of the Supreme Revolutionary Committee of Yemen, Mohamed Ali al-Houthi, called the Supreme Political Council and the Government of National Salvation to reject the decision to float the exchange rate of the national currency, taken by the Central Bank of Aden.
Houthi considered that this dangerous decision has negative repercussions on the citizen as it will lead to the lifting of taxes and customs, which increases the suffering of the people, and that it will disrupt the banking system, which could lead to losses of nearly 200 billion as the lowest estimate.
The head of the Supreme Revolutionary that the pros of rejection of this unjust decision to push traders to reload their goods to Hodeidah, reflecting the rise in the activity of the port. Calling on private banks and other ATM institutions to close their branches in those occupied provinces to force them to retreat, and economic experts to inform the people of the content of this dangerous decision taken by those associated with the aggression.
The head of the Supreme Revolutionary that after the suspension of salaries are going to destroy the rest of the economy of the private sector in the development stages of economic war.
The Central Bank of Aden (supervised by the Saudi-backed Hadi government) has decided to float the exchange rate of the national currency against other currencies.
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