The Yemen Arab Republic was barely three years old when this note was printed. The Currency Board — rather than a full central bank — was the issuing authority by design: the new republic lacked the institutional infrastructure for a proper central bank and relied on transitional frameworks to establish basic monetary operations. Bradbury Wilkinson produced the series at their New Malden facility, a logical choice given the firm's long history supplying notes to newly independent states across the Middle East and Africa.
The buqsha subdivision, equal to one-fortieth of a riyal, disappeared from circulation well before unification in 1990. Low-denomination paper buqsha notes were never popular in trade and largely vanished through attrition.
The Yemen Arab Republic was barely three years old when this note was printed. The Currency Board — rather than a full central bank — was the issuing authority by design: the new republic lacked the institutional infrastructure for a proper central bank and relied on transitional frameworks to establish basic monetary operations. Bradbury Wilkinson produced the series at their New Malden facility, a logical choice given the firm's long history supplying notes to newly independent states across the Middle East and Africa.
The buqsha subdivision, equal to one-fortieth of a riyal, disappeared from circulation well before unification in 1990. Low-denomination paper buqsha notes were never popular in trade and largely vanished through attrition.