Dr. Rashad Mohammed Al-Alimi, President of Yemen’s Presidential Leadership Council and Supreme Commander of the Armed Forces, chaired a high-level meeting of the Supreme Security Committee in the interim capital, Aden, on Tuesday. The session was attended by Central Ban...

A severe liquidity crisis is unfolding in Sanaa and other areas under Houthi control, threatening a total collapse of the banking sector, according to local sources. All major banks and money exchange shops in the capital are reportedly suffering from a drastic cash sho...

The Central Bank of Yemen in the temporary capital, Aden, has ordered all exchange companies and money transfer networks to cease buying and selling foreign currencies. This move aims to limit the ongoing collapse of the Yemeni rial in areas under the control of the int...

Hundreds of residents from Aden and neighboring provinces gathered on Tuesday at Al-Arood Square to protest the worsening economic and living conditions in the country. The Yemeni riyal has hit a historic low against foreign currencies, with the dollar exceeding 2,191 r...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on 12 individuals and entities, including the Houthi-aligned Governor of the Central Bank of Yemen, for their involvement in arms trafficking, money laundering, and the i...

Today, the exchange rates of foreign currencies against the Yemeni Rial showed significant variations across different regions of Yemen. The disparities are particularly noticeable between areas under the control of the internationally recognized government and those co...

The Yemeni riyal continues to show no improvement against foreign currencies, remaining stagnant in the local market. The following are the exchange rates recorded on Sunday across different regions:Exchange Rates in AdenUS Dollar:Buying Price: 2060 YERSelling Price: 20...

On Saturday, December 14, 2024, the Yemeni rial experienced a significant and unexpected rise against both the US dollar and the Saudi riyal. A large disparity in exchange rates was observed between Sana a and Aden.Yemeni Rial Exchange Rates Against the US Dollar:Sana a...

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...