The Yemeni riyal is declining again against other currencies due to the policies of the Far Hadi government



Jeddah – By Ahmed Abdulrahman – Gulf 365 – Report

The Yemeni riyal continues to collapse again against foreign currencies due to the printing of the new currency and the policy of the government of Far Hadi, who deliberately took measures to help the collapse, accompanied by a significant increase of the prices of raw materials and fuel.

The dollar reached 600 riyals, while the Saudi riyal, according to bankers, exceeded the 50% barrier against the riyal.

"The decline in the Yemeni riyal relative to the other currencies is normal under the current conditions of the country and the decline of the country's revenue from foreign exchange sources from various sources," he said.

He stressed that the Saudi deposit, estimated at two billion dollars, is still on the account of the Central Bank of Yemen, but does not withdraw from them.

Within a week, the Yemeni rial lost more than 8 percent of its value, while citizens and traders who started to close their stores increasingly worried about the turnout.

Thank you for reading the news about the Yemeni riyal again depositing against other currencies because of the policy of the Mouse government Hadi on the Gulf 365 and informing you that the content of the subject is written by Shahara Net and may have been completely transferred or quoted from him and you can read and follow the news from this source via the source of the following link Shahara Net We are not responsible for the content of this news and the best wishes for Happy Day.

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The Yemeni riyal is declining again against other currencies due to the policies of the Far Hadi government



Jeddah – By Ahmed Abdulrahman – Gulf 365 – Report

The Yemeni riyal continues to collapse again against foreign currencies due to the printing of the new currency and the policy of the government of Far Hadi, who deliberately took measures to help the collapse, accompanied by a significant increase of the prices of raw materials and fuel.

The dollar reached 600 riyals, while the Saudi riyal, according to bankers, exceeded the 50% barrier against the riyal.

"The decline in the Yemeni riyal relative to the other currencies is normal under the current conditions of the country and the decline of the country's revenue from foreign exchange sources from various sources," he said.

He stressed that the Saudi deposit, estimated at two billion dollars, is still on the account of the Central Bank of Yemen, but does not withdraw from them.

Within a week, the Yemeni rial lost more than 8 percent of its value, while citizens and traders who started to close their stores increasingly worried about the turnout.

Thank you for reading the news about the Yemeni riyal again depositing against other currencies because of the policy of the Mouse government Hadi on the Gulf 365 and informing you that the content of the subject is written by Shahara Net and may have been completely transferred or quoted from him and you can read and follow the news from this source via the source of the following link Shahara Net We are not responsible for the content of this news and the best wishes for Happy Day.

Subscribe to the newsletter to get the most important news as soon as it is published

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