The Yemeni riyal continued to collapse against foreign currencies, as the price of the Saudi riyal reached 396 Yemeni riyals in trading this evening, Wednesday, while the price of the US dollar reached 1,499 Yemeni riyals.

According to economic experts, the main reason for the decline in the price of the Yemeni currency is the continuing economic crisis and the rise in prices of oil derivatives, which contributed to the collapse of the currency.

Although the Central Bank of Yemen sells 30 million US dollars weekly in order to maintain riyal prices, it continues to decline.

The Presidential Command Council, the government, and the Arab coalition bear responsibility for the collapse of the Yemeni riyal, due to their failure to take decisive measures to address the economic crisis.