On Saturday evening, the local currency fell again against foreign currencies in the temporary capital, Aden, in the south of the country.
Banking sources told Al-Sahwa Net that the Saudi riyal exchange rate rose against the Yemeni riyal on Saturday evening to 254 riyals for purchase and 257 riyals for sale.
The sources added that the US dollar exchange rate also rose during evening trading on Saturday to 965 Yemeni riyals for purchase, and 979 Yemeni riyals for sale.
This collapse came in conjunction with a new rise in the prices of commodities and foodstuffs during today, Saturday, in the markets of the temporary capital, Aden, which increased the suffering of the population.
In a related context, a number of citizens complained earlier that the prices of commodities and foodstuffs had not decreased in the markets of the temporary capital, Aden, during the last period, which had witnessed a remarkable improvement of the national currency against foreign currencies.
In their statements to Al-Sahwa Net, the citizens said that the prices of commodities and foodstuffs in Aden are still high and have not seen any improvement despite the collapse of the foreign currency against the Yemeni riyal.
The local currency had witnessed a significant improvement in its value hours after Yemeni President Abd Rabbuh Mansour Hadi announced his abdication of power and the transfer of his powers to a presidential council and the announcement of Saudi Arabia and the UAE to provide new financial support to Yemen, amounting to 3.3 billion dollars to the Central Bank and the internationally recognized government, to return in the evening Today back off again.
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