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AL-MUKALLA : The Central Bank of Yemen has strongly denied accusations it misused Saudi deposits and was involved in money-laundering and foreign currency rate manipulation. In a statement seen by Arab News on Wednesday, the bank said that the latest accusations by the UN monitors were based on false information. It added that the bank’s financial activities have always been transparent and met international monetary and trade rules. The bank claimed that the UN report could be based on misleading allegations from Yemen’s enemies, who target the central bank and its activities in Aden. It added that the bank applied cautious, transparent policy in regard to the changing rate as the Yemeni riyal sharply fluctuated, which caused a sharp increase in prices of basic goods covered by the deposit.