Yemeni riyal witnesses relative stability in Yemeni markets
SANAA, June 25 (YPA) – The Yemeni riyal exchange rate on Wednesday witnessed a relative stability against foreign currencies after a day of its significant decline in the southern provinces influenced by the return of tension between the armed factions loyal to Saudi-led coalition in of Abyan, Shabwa provinces and Socotra Archipelago province.
Riyal exchange rate reached 753 riyals per dollar in Aden province, and 739 riyals in Hadramout province.
On another hand, the Yemeni riyal preserved its stability in the capital Sanaa at 622 riyal per dollar, while the average price of dollar on the black market reached 605 riyals.
The dollar price in the Central Bank of Yemen in the capital Sanaa continued at 250.5 riyals, and in other Yemeni banks in the capital it remains stable at 498 riyals, while the banks stopped the process of selling foreign currencies.