Yemen's central bank has told traders and local banks it will ** longer provide lines of credit for the import of sugar and rice at the official exchange rate, merchants and local bankers said on Friday. The move takes immediate effect and is likely to further deepen the country's humanitarian crisis. Yemen is in the midst of a war between the Iran-allied Houthis, who control the capital Sanaa, and President Abd-Rabbu Mansour Hadi's government, which is backed by an Arab coalition led by Saudi Arabia.
02-19-2016, 09:23 PM
Yemen central bank stops guarantees for rice, sugar imports - sources
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