The Yemeni Rial Continues Unprecedented Collapse in Government-Controlled Areas



The Yemeni Rial has experienced further depreciation against foreign currencies, marking a continued and unprecedented collapse in value within areas governed by the internationally recognized government in the southern and eastern regions of the country.


According to financial sources, the value of the national currency has persistently deteriorated over the past hours in the interim capital, Aden, and other provinces under the legitimate government's control.


The sources indicated that the exchange rate has surpassed 1830 Yemeni Rials per U.S. dollar, accompanied by a rise in the prices of food and essential commodities.


The sources noted that the Saudi Riyal has exceeded 480 Yemeni Rials, amid the absence of any governmental measures to curb the depreciation of the national currency.


They also highlighted that the nominal exchange rates of the Yemeni Rial against foreign currencies in areas controlled by the Houthi group remain unchanged.


According to the sources, the exchange rates as of this evening, Wednesday, in the interim capital Aden, and Sana'a, are as follows:



Saudi Riyal:

Buying: 480.5 YER

Selling: 481.5 YER

U.S. Dollar:

Buying: 1830 YER

Selling: 1839 YER


Saudi Riyal:

Buying: 140 YER

Selling: 141 YER

U.S. Dollar:

Buying: 535 YER

Selling: 539 YER

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