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 Yemeni Rial has plummeted to an unprecedented low against foreign currencies, despite recent interventions by the Central Bank and a new Saudi aid package. Banking sources in Aden, the temporary capital, reported on Monday, July 8, 2024, that the dollar reached 1870 for purchase, up from 16...