The Yemeni riyal recorded stability against foreign currencies, this evening, Sunday, February 4, 2024, in the exchange markets in the capital, Aden, and the liberated governorates, about a week after the collapse, against foreign currencies.

According to banking sources, the exchange rates of foreign currencies against the Yemeni riyal this evening

Sunday, are as follows:-

US Dollar

1647 Yemeni riyals to purchase

1655 Yemeni riyals for sale

Saudi Riyal

434 Yemeni riyals to purchase

435 Yemeni riyals for sale

Thus, the Yemeni riyal has stabilized against foreign currencies this evening, Sunday, and it is the same as yesterday’s prices, with a slight improvement of about one Yemeni riyal in the Saudi exchange rate compared to the prices yesterday evening, Saturday.

Two days ago, the Yemeni riyal reached 440 for one Saudi riyal, in an unprecedented collapse, as a result of the increasing demand for foreign currencies, due to the needs of merchants to purchase supplies for the upcoming Ramadan, and the Central Bank of Yemen was unable to hold auctions, due to the lack of foreign currency in its coffers, and the lack of... Its flow due to the cessation of oil exports and the continuation of the war with the Houthi militia.