Yemeni riyal keeps falling against foreign currencies in southern provinces

SANAA, Jun. 24 (YPA) – The Yemeni riyal exchange rate on Saturday continued to fall against foreign currencies in the southern provinces, recording 942 riyals per one dollar in Aden and Hadramout.

This came after the “Hadi government” loyal to Saudi-led coalition dumped the local markets in the southern provinces with more money that was printed illegally.

Meanwhile, the Yemeni riyal exchange rate in the capital, Sanaa, remained stable at 600 riyals to the dollar. As for the average dollar exchange rate on the black market, it reached 605 riyals.

YPA