Uptade New Houthi-minted currency increases economic divide in Yemen

AL-MUKALLA: Yemen’s Houthi militia has issued a new 100-riyal coin for the first time in nearly a decade, a move that sparked the ire of the Aden-based central bank.

Hashem Ismael, the governor of the Houthi-controlled central bank, revealed during a news conference in Sanaa on Sunday that they had produced a new 100-riyal coin, which will go into circulation on Sunday and replace the damaged 100-riyal banknote.

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