Exchange of foreign currencies in Sanaa, Aden

SANAA, Sept. 05 (YPA) – The Central Bank of Yemen in Sanaa issued on Thursday a new circular, which included the upper limit for the selling prices of major currencies approved by the Foreign Exchange Unit.

The bank set the exchange rates as follows:

Saudi riyal to Yemeni riyal = 140 Yemeni riyals

US dollar to Yemeni riyal = 530.50 Yemeni riyals

US dollar to Saudi riyal = 3.79 Saudi riyals.

In the city of Aden and the southern and eastern provinces of Yemen, the instability of foreign currency exchange rates against the local currency continues to witness an accelerating collapse.

According to banking sources, the average exchange rates of foreign currencies against the riyal in the city of Aden today are as follows:

US dollar = 1921 Yemeni riyals

Saudi riyal = 500.50 Yemeni riyals.

YPA