Yemeni riyal stabilizes relatively against foreign currencies

SANAA, March 12 (YPA) – The exchange rate of Yemeni riyal on Thursday stabilized after two days of its sharp decline at 660 riyals per dollar in Aden and Hadramout provinces, southern Yemen.

In the capital Sanaa, the riyal exchange rate continued its stability at 597 riyals per dollar, while the average price of dollar on the black market reached 605 riyals.

The dollar’s price remained stable at 250 riyals in the Central Bank in Sanaa, and 440 riyals in other Yemeni banks in the capital Sanaa.

YPA