Yemen's central bank closes over shortage of funds

The Yemeni central bank has announced it is closing because it has run out of money.

    Saudi Arabia had promised a large deposit to shore up Yemen's currency - but that money never arrived, and now the bank is closing due to lack of funds.

    This comes after the resignation of two Yemeni ministers in opposition to the kingdom's meddling.

    Saudi Crown Prince Mohammed bin Salman is still in the US, on a visit to showcase his social and economic reforms.

    But he has received negative media coverage for Riyadh's role in the war in Yemen.

     

    Al Jazeera's Hannah Hoexter has more.


    YOU MIGHT ALSO LIKE

    Visualising every Saudi coalition air raid on Yemen

    Visualising every Saudi coalition air raid on Yemen

    Since March 2015, Saudi Arabia and a coalition of Arab states have launched more than 19,278 air raids across Yemen.

    Lost childhoods: Nigeria's fear of 'witchcraft' ruins young lives

    Lost childhoods: Nigeria's fear of 'witchcraft' ruins young lives

    Many Pentecostal churches in the Niger Delta offer to deliver people from witchcraft and possession - albeit for a fee.

    Why did Bush go to war in Iraq?

    Why did Bush go to war in Iraq?

    No, it wasn't because of WMDs, democracy or Iraqi oil. The real reason is much more sinister than that.