YEMEN Press Agency

Shops close their doors in Taiz due to deterioration of local currency

TAIZ, Feb. 07 (YPA) – The shops in the city of Taiz, which is under the control of the coalition, have returned to close their doors in protest at the continued deterioration of the local currency, local sources told Yemen Press Agency.

The sources in the city said that traders announced a partial strike for three days, confirming their readiness to enter a full strike on buying and selling if the pro-coalition government does not take any solutions to stop the deterioration of the local currency.

The announcement of the strike by Taiz traders comes almost three months after a similar strike due to the collapse of the currency.

The Chamber of Commerce in Aden announced last week that it had reached an impasse in attempts to reach an understanding with the “government” to avoid the disastrous effects of the deterioration of the local currency in the areas of Yemen under the control of the coalition.