Yemeni Rial Hits All-Time Low Amid Currency Crisis

Yemeni Rial Hits All-Time Low Amid Currency Crisis

On the evening of Sunday, October 6, 2024, the Yemeni rial collapsed to an unprecedented low against foreign currencies in areas controlled by the internationally recognized Yemeni government, according to banking sources. In unofficial trading in Aden, the temporary capital of Yemen, the excha...