Houthi banknote in Yemen draws rebuke from Aden’s central bank

Houthi banknote in Yemen draws rebuke from Aden’s central bank

The Central Bank controlled by the Yemen's Houthi group in Sanaa announced on Tuesday the release of a new 200-riyal banknote for circulation. The new banknote would be available from Wednesday alongside recently issued coins. The bank claimed this issuance aims to solve the issue of damaged notes, particularly those of 250 riyals and below. Following the move, the Central Bank based in Aden condemned the new currency as a "serious escalation" a…