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This page is the English version of Almasirah Media Network website and it focuses on delivering all leading News and developments in Yemen, the Middle East and the world. In the eara of misinformation imposed by the main stream media in the Middle East and abroad, Almasirah Media Network strives towards promoting knowledge, principle values and justice, among all societies and cultures in the world

Currency Continues to Collapse in Saudi-UAE-occupied Areas

News - Yemen: The exchange rates of the Yemeni riyal decreased, Thursday, against foreign currencies in exchange shops in the governorates of Aden, Hadhramout, and the rest of the occupied regions.

The price of buying one dollar was 1222 riyals and selling 1236 riyals, and the exchange rate for buying the Saudi riyal was between 326 riyals and selling 330 riyals, and the price of buying the UAE dirham was 328 riyals and selling 332 riyals.

Observers of the economic situation in Yemen saw that the financial policy of the Salvation Government in Sana’a proved its success in maintaining the stability of the local exchange rate of the Yemeni riyal against foreign currencies, especially the dollar and the Saudi riyal, where the Yemeni riyal stabilized at 543 riyals per dollar.

On March 17, the United Nations announced that it had received financial pledges from 36 donors worth $1.3 billion for its humanitarian plan in Yemen. It was seeking to get $4.27 billion, 17.3 million Yemenis.

At the end of 2021, the war has killed 377,000 people and lost Yemen’s economy nearly $126 billion, according to the United Nations. Most of the country’s population, numbering about 30 million, has become dependent on aid, in one of the worst humanitarian crises in the world.

Saudi Arabia, backed by the United States and regional allies, launched the war on Yemen in March 2015, with the claim of bringing the government of former Yemeni president Abd Rabbuh Mansour Hadi back to power.

The US-Saudi aggression continues to target neighborhoods and populated areas and destroy the infrastructure of the country, in light of a suspicious international silence.

The war has left hundreds of thousands of Yemenis dead, and displaced millions more. It has also destroyed Yemen’s infrastructure and spread famine and infectious diseases there.

#Yemen #Aggression #Currency Collapse About 1 year
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This page is the English version of Almasirah Media Network website and it focuses on delivering all leading News and developments in Yemen, the Middle East and the world. In the eara of misinformation imposed by the main stream media in the Middle East and abroad, Almasirah Media Network strives towards promoting knowledge, principle values and justice, among all societies and cultures in the world

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