The central bank of Yemen resumed its operations in the port city of Aden on Monday days after the government had decided to relocate it from the capital Sanaa which has been controlled by the Houthi militants for months.
Days ago, information minister within the government which has been staying in and acting from Riyadh for months, Nadia Al-Sakkaf, said Aden will be the new capital for the next five years.
Aden was retaken from the Houthis along with other southern cities in mid-July.
Local officials said the relocation into and reopening of the bank from Aden come within preparations for the return of the government which will be giving top priority to rebuilding the city, handling aid and donor operations and economic recovery.
Days ago, the bank's governor Ahmed bin Hamam fled house arrest by the Houthi militants in the capital Sanaa amid mounting financial challenges due to the several-months civil war.
A blockade on all Yemeni sea, land and air ports which has affected all imports and exports has deepened the financial woes.
The blockade was part of the Saudi-led military intervention launched against the Houthis in late March.
The Houthi militants ousted the government and seized all public institutions in Sanaa late last year.
In the meanwhile, the battles between the government forces backed by the Arab military coalition and the popular resistance and the Houthi militants supported by pro-former president forces are continuing in middle, central and northern regions.
In Taiz which has been the scene for recently escalated battles, military sources said fierce battles erupted after the government forces blocked the road linking the city with the north.
More than a dozen from both sides were killed in the battles, the sources added.
With this road being closed and under control by the national forces, military reinforcements for the Houthi militants from northern cities including Sanaa and Dhamar can't make it into Taiz.
The battles coincided with fresh Saudi-led airstrikes against the Houthis in Sanaa, Marib and Baidha.