Cairo (Debriefer) -The Yemeni national currency's decline should be urgently halted, even though by relocating the Central Bank of Yemen (CBY) from Aden to Sana'a, pro-government Shura councilor tweeted on Tuesday.
Under a decree by President Abd Rabbu Mansour Hadi, the CBY's head office was moved to the interim capital in September 2016.
"If it would stop the national currency's depreciation and help rial to recover, even to acceptable levels, I call for CBY's relocation to Sana'a," Eisam al-Soraim added.
The UN-recognized government needs to admit its failure in managing the CBY via the legitimate authority that "lacks harmony and conformity with itself.
"Bring the Bank back to Sana'a and you'll see who enjoys statesmanship and who are the militias... You've failed and your power departed," he said.
The Yemeni rial is experiencing the worst ever decrease against hard moneys, as one US dollar exceeded 900 rials this week in Aden and other provinces under government control, leading to huge upsurge in prices of different commodities, consumer in particular.
