Houthis' new coin reveals economic pressures on rebels, says US envoy

The Houthis announced the production of a 100-riyal coin to replace damaged 100-riyal banknotes issued by the Sanaa-based central bank. The central bank in Aden described the move as escalatory and the currency as “illegal”. Tim Lenderking, the US envoy to Yemen, said “We need to make this push towards the Yemen peace effort, which will help the humanitarian peace situation and Yemenis rebuild their economy.” (Read more at The National).