The government silently monitors the collapse of the riyal ... Aden without any money changers or remittances, and the value of transfers to Sanaa is 45%.
English - Sunday 06 December 2020 الساعة 08:13 am
Aden, NewsYemen, Exclusive:
With the continued closure of the central bank in Aden to exchange and money transfer companies, and the collapse of the riyal's price against the dollar, the value of any money transfer to areas under the authority of the Houthi militia increased.
Commissions of cash transfers from the liberated areas to the areas under the control of Iran's arm amounted to 45%.
Citizens complained about this rise, which doubled their suffering and constituted a great burden on their lives in addition to the difficult living situation they are living through as a result of the war.
The currency continues to collapse against foreign currencies, bringing the price of one dollar closer to the barrier of 900 Yemeni riyals, amid blatant government silence.
Activists on social media attacked the government, demanding measures to stop the collapse of the local currency.
Activists launched an electronic campaign to convey the suffering of the Yemeni people to the world, and to introduce the effects of the collapse of the national process on the economic and living conditions of Yemenis.
The Association of Money Changers in Aden announced the cessation of all buying and selling foreign currencies.
The Money Exchange Association in Aden Governorate directed exchange companies to stop all sales and purchases of foreign currencies, in an attempt to stop the deterioration of the value of the Yemeni currency, which collapsed in recent days, rapidly in front of the basket of foreign currencies.
The directive of the Money Exchange Association came a day after the Central Bank decided to suspend 30 companies and money changers and freeze their assets.
The price of the Yemeni riyal recorded low levels, as the price of the dollar reached about 880 riyals for purchase, 885 for sale, while the price of the Saudi riyal reached 230 for purchase and 231 for sale.
