The price of the dollar in Yemen
As the exchange rate of the US dollar stabilized in Sana’a, at the barrier of 611 Yemeni riyals for sale and 608 for purchase, while the exchange rate of the Saudi riyal was recorded at the level of 161 in buying and selling on the black market, according to “Yemen News Now” website.
While the dealings of money exchange shops in the governorate of Aden recorded a decrease in the exchange rate of the US dollar to 818 Yemeni riyals for sale, and 812 riyals for purchase, and the Saudi riyal exchange between 215 and 214 in both cases buying and selling.
Because of the speculations of exchange companies in Yemen and the mutual accusations between them and the Central Bank of bearing responsibilities for retreat Spend The national currency in front of its foreign counterparts, prices are currently witnessing in Aden a historic increase in foreign currencies against the Yemeni riyal.
In order to limit the deterioration in the country’s currency rates, the Central Bank in Aden issued a circular to exchange companies in the various governorates of the country, which included its intention to establish a unified money remittance network, instead of a network of local exchange shops and companies.
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