The Yemeni rial plummeted to a historic low against foreign currencies today, exacerbating the country's ongoing economic crisis. Banking sources in Aden, the interim capital, reported that the US dollar reached a record high of 2,306 rials.The Saudi riyal also fluctuated sharply, trading at 6...
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...
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...
The Central Bank of Yemen in Aden, the country's temporary capital, announced the results of its 10th auction of 2024 on Wednesday, July 24. The auction saw the sale of $16.9 million out of a total of $30 million offered, at an exchange rate of 1884 Yemeni rials per US dollar. The bank'...