Tag Archives: Yemen’s warring factions battle over banknotes

SANAA: Yemen’s warring sides opened a new front in their five-year conflict on Saturday — a battle over old and new banknotes that threatens to create two economies in the same state. As of midnight, the Houthi movement which controls the capital Sanaa outlawed the use and possession of crisp new Yemeni riyal bills issued by its rivals in the …

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