Yemen replaces central bank governor, deputy amid currency collapse

RIYADH: Yemeni President Abed Rabbo Mansour Hadi reconstituted the country’s central bank board on Monday, replacing the governor and the deputy governor, amid an unprecedented collapse in the local currency, Arab News reported.

Ahmed bin Ahmed Ghaleb Al-Maabqi was appointed as governor and Muhammad Omar Banaja as his deputy, a presidential decree published by the state news agency SABA said.

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