Top Stories Aden .. The continued collapse of the local currency and the expansion of popular protests

Aden .. The continued collapse of the local currency and the expansion of popular protests





aBanking sources almost continued to collapse the local currency against foreign currencies in the temporary capital, Aden, in conjunction with the expansion of popular protests in the city.

Banking sources told Al-Sahwa Net that the US dollar came close to breaking the one-thousand Yemeni riyals barrier in Aden, as the exchange rate reached 910 Yemeni riyals during today’s trading Sunday in exchange for buying one dollar and 915 Yemeni riyals against selling one dollar.

The sources added that the exchange rate of the Saudi riyal also witnessed a rise, as the purchase price of one Saudi riyal reached 235 Yemeni riyals, while the selling price of the Saudi riyal reached 237 Yemeni riyals.

This collapse coincided with the expansion of the protest movement in the temporary capital, Aden, and the popular calls for escalating steps to condemn the deterioration of living conditions and the deterioration of services, foremost of which is electricity in the coastal city.

As the temporary capital, Aden, witnessed, during the past few days, popular protests by residents of the city in various directorates, in addition to marches condemning the deterioration of services and the collapse of the local currency against foreign currencies, and its reflection on the prices of foodstuffs and oil derivatives.

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