# Yemeni central bank monetary and currency instability

> Live situation record from CLSTR: https://clstr.news/situations/yemeni-central-bank-monetary-and-currency-instability
> Updated: 2026-09-22T15:22:34.000Z. Sources: 4. Developments: 2.

The Yemeni banking sector is navigating significant monetary instability and regional divisions. In Aden, the Central Bank announced a strategic plan to address a foreign exchange crisis through the establishment of a General Department for Strategic Planning, restructuring anti-money laundering departments, and implementing austerity policies for the first half of 2026.

Simultaneously, the Central Bank in Sana'a has begun processing requests to exchange approximately 60 billion Yemeni Rials in newly printed currency from the West Coast regions, including parts of Taiz and Hodeidah. This follows the control of these areas by Sana'a-aligned forces. To maintain exchange rate stability and prevent inflation, Sana'a authorities have prohibited the circulation of banknotes issued by the government.

## Timeline

### 2026-09-22: Sana'a Central Bank processes 60 billion Rial exchange requests

The Central Bank in Sana'a is processing requests to exchange over 60 billion Yemeni Rials in newly printed currency from the West Coast to maintain economic stability.

2 sources. https://clstr.news/cluster/sanaa-central-bank-processes-60-billion-rial-exchange-requests

### 2026-09-01: Central Bank of Yemen announces plan to tackle foreign exchange crisis

The Central Bank of Yemen is implementing strategic measures in Aden to combat foreign exchange shortages, enhance cybersecurity, and strengthen anti-money laundering oversight to stabilize the economy.

2 sources. https://clstr.news/cluster/central-bank-of-yemen-announces-plan-to-tackle-foreign-exchange-crisis

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Cite as: Yemeni central bank monetary and currency instability. CLSTR, https://clstr.news/situations/yemeni-central-bank-monetary-and-currency-instability