Barran Press
The Yemeni rial has reached an unprecedented low against foreign currencies, according to banking sources on Friday. The depreciation is particularly noted in areas controlled by the internationally recognized Yemeni government.
Sources informed Barran Press that in the southern city of Aden, which serves as the temporary capital, the exchange rate for the U.S. dollar soared to 1,968 rials for buying and 1,950 rials for selling. Meanwhile, the Saudi riyal has also achieved its highest value against the Yemeni rial, with selling rates reaching 512 rials and buying rates around 513 rials.
This marks the lowest valuation of the national currency against foreign currencies in government-controlled areas. In contrast, the rial has remained relatively stable in Houthi-controlled territories, where the exchange rate is 538 rials for selling and 534 rials for buying one dollar, while the Saudi riyal is stable at 140 rials for buying and 141 rials for selling.
