US dollar records modest decline in Aden, maintains stability in Sanaa
ADEN, Nov. 06 (YPA) – Banking sources in Aden on Wednesday reported a modest decline in the US dollar’s selling price to 2,050 Yemeni riyals, while its purchase price reached 2,040 riyals.
The price of the Saudi riyal exceeded the barrier of 535 riyals for sale and 534 riyals for purchase, according to the sources.
The collapse has significantly impacted citizens in Aden and other southern and eastern Yemeni provinces, who are struggling to meet their basic needs due to rising food commodity prices.
In Sanaa, the Central Bank implemented financial and banking measures to maintain exchange rate stability, ensuring no variables impacted the rate.
The bank set foreign exchange rates in a daily circular 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.
YPA