Bakeries close their doors due to collapse of local currency in Aden

ADEN, April 13 (YPA) – A number of bakeries in the coalition-controlled city of Aden have closed their doors to citizens due to the ongoing collapse of the local currency, causing huge losses for their owners and directly impacting the bread and roti industry.

Informed sources confirmed that the significant rise in the prices of basic commodities, especially flour, which reached about 54,000 riyals for a 50-kg bag, led to the closure of many bakeries, amid warnings of serious repercussions threatening thousands of families who rely on buying loaves of bread from bakeries due to the deteriorating living conditions.

The living crisis reflects the abject failure of the “coalition government” to provide effective solutions to halt the catastrophic economic collapse, which has increased the suffering of citizens who are suffering from high prices and the scarcity of basic commodities.

Observers expect these developments to exacerbate the humanitarian situation in the city, in light of the clear inability to address the root causes of the stifling economic crisis.

This comes after the US dollar’s selling price in Aden reached 2,422 Yemeni riyals, while the Saudi riyal’s exchange rate exceeded 635 riyals for sale amid a continuous rise.