The collapse of the Yemeni riyal returns to the fore again in the liberated areas
English - Thursday 16 June 2022 الساعة 08:25 pm
Aden, NewsYemen:
The Yemeni riyal has recently witnessed a major acceleration towards declining again, as the purchase value of the Saudi riyal crossed the barrier of 300 riyals, and the US dollar reached 1138 riyals.
The Yemeni riyal witnessed a significant recovery in conjunction with the announcement of the formation of the Presidential Leadership Council, but the prices did not improve, and the rise in basic food and catering prices remained dominant.
The rise in foreign currencies against the Yemeni riyal recorded the fears of citizens in the liberated areas who speculated a new wave of price hikes, after the Yemeni Oil Company recorded the first fears by raising the price of oil derivatives, and the price of the bear reached 24 thousand riyals.
