The Yemeni riyal collapsed again against foreign currencies, this evening, Thursday, February 15, 2024, in the exchange markets in the capital, Aden, and the liberated governorates, after days of stability.

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

Thursday, are as follows:-

US Dollar

1639 Yemeni riyals to purchase

1647 Yemeni riyals for sale

Saudi Riyal

432 Yemeni riyals to purchase

433 Yemeni riyals for sale

Thus, the Yemeni riyal has recorded a new collapse against foreign currencies this evening, Thursday, by 5 Yemeni riyals at the Saudi exchange rate, compared to prices yesterday evening, Wednesday.

The Central Bank of Yemen announced today the results of the sale of 60 million dollars, at a price of 1617 riyals.

In addition, the Southern Money Changers Syndicate accused the Central Bank of speculation through a post by the syndicate on its Facebook page.

The union’s accusation stated: The auction price of the Central Bank of Yemen in Aden today is 1617 dollars. This is a sad matter. This is the deposit in which speculation is being made and the price of the dollar is raised without achieving any results that improve the standard of living of the citizen. If half of this amount were sold directly to the market, the exchange rate would fall to 1300 dollars in two days, but unfortunately the central bank has become the main reason for raising the price of the currency and speculation.