Yemen's 競争相手 力/強力にするs 戦う/戦い over banknotes

SANAA/ADEN, Jan 18 (Reuters) - Yemen's warring 味方するs opened a new 前線 in their five-year 衝突 on Saturday - a 戦う/戦い over old and new banknotes that 脅すs to create two economies in the same 明言する/公表する.

As of midnight, the Houthi movement which 支配(する)/統制するs the 資本/首都 Sanaa 無法者d the use and 所有/入手 of crisp new Yemeni riyal 法案s 問題/発行するd by its 競争相手s in the 国祭的な recognised 政府 based in the southern port town of Aden.

The Iran-連合した Houthis, who say people should only use the old 法案s, have defended the 禁止(する) as a move against インフレーション and what they call はびこる money-printing by the 政府.

The 政府 has branded the 禁止(する) an 行為/法令/行動する of 経済的な vandalism. And the 全住民, as ever, have been left stuck in the crossfire.

Yemenis from both 味方するs told Reuters the 禁止(する) had 効果的に created two 通貨s with diverging values, 追加するing to the 騒動 in a 明言する/公表する already 治める/統治するd by two 力/強力にするs and brought to its 膝s by the war.

In the one-month build up to the 禁止(する), people in Houthi-controlled areas have been 列ing to try to 交流 their new riyal 公式文書,認めるs for old, turning the grubby and torn 法案s into a prized and 比較して 不十分な 商品/必需品.

The riyal stood at about 560 to the dollar across Yemen before the 禁止(する) was 発表するd in 中央の-December. The 率 has since slipped a little in Houthi-controlled areas to around 582, but 低迷d much その上の to 642 in the south, an area now awash with new 法案s.

That 親族 strength might look like a boon for northerners, if only they could get 持つ/拘留する of enough of the old 公式文書,認めるs in time to keep afloat in the 大部分は cash-based economy.

"We go for the 交流 and they won't take [the new 公式文書,認めるs] from us. Or say they need three, four or five days," craftsman Abdullah Saleh al-Dahmasi told Reuters on a Sanaa street a week before the 禁止(する) (機の)カム into 軍隊.

"The new one isn't 受託するd and the old one is worn out, they have to find a soluti on," the 27-year-old said.

A few days before the 禁止(する) (機の)カム in, around 20 angry men and women were turned away from one 交流 which said it had filled its 割当 for the day. Many had been coming there for three days in the hope of swapping their cash.

North-south 貿易(する) has become far more expensive as 仲買人s have to buy and sell two types of riyal - told apart by the 明言する/公表する of the paper and the different sizes and designs.

TWO CENTRAL BANKS

Many people in Sanaa told Reuters they felt the 禁止(する) was needed to constrain インフレーション. But they were 直面するing difficulties in the short-称する,呼ぶ/期間/用語.

"When people saw that new 通貨 come into 循環/発行部数, they held の上に it as it was new and shiny. But now it's a problem that they have it," said 28-year-old Abdallah Bashiri, a 私的な 部門 労働者 in Sanaa.

In that city, 合法的な 交流s will 交換(する) 100,000 Yemeni riyals (around $172) in new 公式文書,認めるs for electronic 通貨 that can be spent on things like phone credit or electricity 法案s, for a small 料金 of around $1.50.

But things get more challenging when it comes to actual paper that can be spent in food markets. Sanaa 居住(者)s said 非公式の 交流s are 申し込む/申し出ing to change 100,000 riyals of new 公式文書,認めるs into 90-96,000 riyals of the scarcer old.

After the Houthis 嵐/襲撃するd the 資本/首都 Sanaa in 2014 and 追い出すd the 政府 of 大統領 Abd Rabbu Mansour Hadi, Yemen's central bank 分裂(する) into two 支店s - one in Sanaa, under Houthi 支配(する)/統制する, and one 国祭的な recognised 支店 in Aden, which has 接近 to money printers.

The Aden 当局 have defended their 決定/判定勝ち(する) to step up the printing of new money from 2017, 説 it was an 試みる/企てる to を取り引きする a building cash crunch and 支払う/賃金 public 部門 salaries.

"The Houthis ... did not consider the 経済的な cost to society," Yousef Saeed Ahmad, 助言者 to the 知事 of Aden's central bank, told Reuters there this week.

"We hope the 対策 taken are short-称する,呼ぶ/期間/用語. They cannot be kept up because the economy is one, it is interrelated and 商品/必需品s flow from Sanaa to Aden and 副/悪徳行為 versa. This 手段 will aggregate the living 条件s of all Yemenis," he said.

The Houthis have defended their 禁止(する) as a way of defending the value of the 通貨.

"The Sanaa central bank had to take 対策 to 茎・取り除く the dangerous practices the Aden central bank was carrying out through their 通貨の 政策," said Sami al-Siyaghi, in 告発(する),告訴(する)/料金 of foreign banking 操作/手術s at the Sanaa central bank.

"The 課税 of [Aden's] 通貨の 姿勢 on us led to the 崩壊(する) of the 国家の 通貨 against foreign 通貨 ... With each new 発行 you notice a 相応した 崩壊(する) in the riyal against foreign 通貨," Siyashi told Reuters. (報告(する)/憶測ing by Reuters team in Yemen and Lisa Barrington in Dubai; 付加 報告(する)/憶測ing by Maha El Dahan in Dubai 令状ing by Lisa Barrington; Editing by Andrew Heavens)

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