Yemen Monitor/Newsroom:
Foreign currency exchange rates against the Yemeni Rial continued their state of stability across various parts of the country on Saturday, despite ongoing economic and humanitarian challenges.
According to banking sources, the exchange rate for the Saudi Rial in areas under the control of the internationally recognized government ranges between 400 and 410 Yemeni Rials and 1,520 and 1,550 Rials for the US Dollar.
In contrast, exchange rates remain stable—as they have been for years—in areas under the control of the Houthi group, where the Saudi Rial is traded at approximately 140 Yemeni Rials, while the US Dollar price ranges between 535 and 540 Rials.
This stability comes amid continuous complaints from citizens regarding the high prices of basic commodities, despite the steadiness of currency rates across the country.
These indicators reflect the persistence of financial and monetary challenges in both government-controlled and Houthi-controlled areas, at a time when Yemen faces one of the worst humanitarian and economic crises in the world.
