Recently, the Central Bank of Aden purchased a modern machine used to destroy invalid paper currency. In this article, the Yemeni researcher and economic analyst presents the facts he knows about the purchase of this machine and the procedures followed for this process, in response to what was recently published about the problems that accompanied this process.

The Central Bank of Yemen announced today, Sunday, the opening of an auction to sell fifty million US dollars, next Thursday, August 22.

The war that has been taking place in Yemen since 2015 has not only caused a political and military division between the internationally recognized government, which has its capital in Aden, and the Houthi group, which controls Sanaa and northern Yemen. The division has also extended to the financial and economic sector, which has also witnessed a division that has had negative effects on the population.

The war that has been raging in Yemen since 2015 has not only divided Yemen politically and militarily between the internationally recognized government based in Aden and the Houthi group that controls Sanaa and northern Yemen, but the division has also extended to the financial and economic sector, which has also witnessed a division that has had negative effects on the population.

The process of destroying worn banknotes of all denominations is scheduled to take place according to a specific timetable.

Chairman of the Presidential Leadership Council, Rashad Al-Alimi, revealed the reasons that prompted the Council to retract the recent decisions of the Central Bank of Yemen, regarding obliging banks to move their headquarters to the temporary capital, Aden, after the expiration of the two-month deadline it set.