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...

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...