Yemeni riyal drops significantly against foreign currencies

SANAA, June 3 (YPA) – The Yemeni riyal on Wednesday declined against the foreign exchange rates in the southern provinces, reaching 705 riyals per dollar in Aden province and 701 riyals in Hadramout province.

Meanwhile, the riyal exchange rate preserved its stability in the capital Sanaa at 602 riyals per dollar, while the average price of dollar on the black market reached 605 riyals.

The price of one dollar in the Central Bank of Yemen in the capital Sanaa continued at 250.50 riyals, and in other Yemeni banks in the capital it remains stable at 498 riyals.