Yemeni Riyal Plummets Amid Economic Crisis

Yemeni Riyal Plummets Amid Economic Crisis

On January 12, 2025, the Yemeni rial hit a historic low against foreign currencies, despite recent Saudi financial aid. Sources in Aden reported to "Barran Press" that the dollar soared to 2,150 rials during evening trading, up from 2,110 in the morning for buying. For selling, it rose to...

Yemeni Rial Hits Record Low, Dollar Breaks 1100

Yemeni Rial Hits Record Low, Dollar Breaks 1100

On January 12, 2025, the Yemeni rial reached its lowest value ever, with the dollar surpassing 1100 rials. In Aden, the rial traded at 2110 per dollar (buying) and 2120 (selling). The Saudi rial stood at 554 (buying) and 555 (selling), with further drops expected. In Houthi-controlled areas, th...