Yemeni Currency Continues to Collapse in Saudi-UAE-occupied Areas

The Yemeni Riyal exchange rates continued to decline against the US dollar in the financial trading market in the governorates of Aden and Hadramout.

The Central Bank of Aden was provided with the last installment of the Saudi deposit, estimated at 174 million dollars, as the price of one dollar reached 1015 Riyals.

The Yemeni Riyal maintained stability in the areas under the control of the Salvation Government, reaching 565 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.