“The Yemeni government”...the guard who has no choice but to scream in the face of the speculators
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In light of the continuing stifling economic crisis that is ravaging Yemen, the burden of the Yemeni citizen increases with the fluctuation of foreign currency prices on the black market, in light of the government’s inability to control the market and fight speculators.
The Yemeni exchange markets are in a state of chaos, as currency rates change frequently and without any controls, causing great difficulties for citizens in meeting their basic needs.
The Yemeni government accuses black market speculators of causing the deterioration of the value of the Yemeni riyal, stressing that it is making unremitting efforts to control the market and combat this phenomenon.
The exchange rates of Arab and foreign currencies stabilized, at the beginning of today’s trading, Saturday, March 9, 2024, in the exchange markets in various governorates of Yemen.
In the capital, Aden:
The US dollar: The purchase price of the US dollar ranged between 1640 and 1653 Yemeni riyals, while its selling price ranged between 1653 and 1660 Yemeni riyals.
The Emirati dirham: The purchase price of the Emirati dirham ranged between 434 and 435 Yemeni riyals, while its selling price ranged between 435 and 436 Yemeni riyals.
Saudi riyal: The buying price of the Saudi riyal ranged between 433 and 434 Yemeni riyals, while its selling price ranged between 434 and 435 Yemeni riyals.
In Hadhramaut Governorate:
The US dollar: The purchase price of the US dollar ranged between 1640 and 1652 Yemeni riyals, while its selling price ranged between 1652 and 1660 Yemeni riyals.
The Emirati dirham: The purchase price of the Emirati dirham ranged between 434 and 435 Yemeni riyals, while its selling price ranged between 435 and 436 Yemeni riyals.
Saudi riyal: The buying price of the Saudi riyal ranged between 433 and 434 Yemeni riyals, while its selling price ranged between 434 and 435 Yemeni riyals.
It should be noted that these prices are subject to change during the day, depending on supply and demand in the market.