Traders have reportedly stopped wheat imports due to financing problems resulting from the Central Bank crisis. Local banks have difficulties to convert the local currency into US dollars, needed to make purchases, due to limited supplies of foreign currency. Continuing political and economic instability, exacerbated by escalating conflict, has made monetary policy difficult in the country with the Central Bank of Yemen (CBY) struggling to support the local currency and to fund food imports with the limited availabilities of foreign reserve. The situation worsened since September when the governor of the CBY, the board of directors and its headquarters’ location were changed. The country is largely dependent on imports from the international markets to satisfy its domestic consumption requirement for wheat, the main staple. The wheat import dependency is close to 95 percent and in the last five years, an average of 2.8 million tonnes per annum of wheat was imported annually out of a total domestic wheat utilization of about 3 million tonnes. According to the IPC analysis of June 2016, 14.12 million food insecure people. The current numbers are likely to be higher.