Yemen Monitor / Newsroom:
The Yemeni rial maintained its stability on Monday amid multiple economic challenges, as government measures continue to support and improve the value of the local currency.
Banking sources told Yemen Monitor that the exchange rate of the Saudi riyal at money exchange shops and companies in areas under the Presidential Leadership Council’s control reached 425 Yemeni rials. The U.S. dollar remained stable at 1,617 Yemeni rials.
These rates show a clear contrast with Houthi-controlled areas, where the currency has remained stable for years, with the Saudi riyal exchanged at about 140 rials and the U.S. dollar between 535 and 540 rials, according to the same sources.
These figures reflect the government’s efforts to maintain currency stability amid ongoing economic fluctuations and conflict, which in turn directly affect local markets and citizens.
