Significant improvement in value of Yemeni rial

Significant improvement in value of Yemeni rial

Alsahwa Net- The value of the Yemeni rial has witnessed a significant improvement against other foreign currencies.

The value of the Yemeni rial increased during the two past days to YR 620 against UD 1 after it was over YR 750 against US 1.

The value of the Yemeni rial was worth 215 to the US dollar before that start of the war in 2015. It has lost more than half of its value.

Meanwhile, inflation has sent prices for basic goods flying. In 2015, a 50kg bag of wheat cost 4,500 rial. Today, it costs over 15,000.

Recently, the Yemeni government has said that it will resume exporting oil within days. This may contribute in the  stringing of the rial’s value if happened.

The newly-appointed Prime Minister Maeen Abdul-Malik affirmed last Thursday that the oil exportation will enhance cash reserve of the Central Bank of Yemen.

القائمة البريدية

أشترك معنا في القائمة البريدية لتصلك كل الاخبار التي تنشرها الصحوة نت

تواصل معنا

الجمهورية اليمنية

info@alsahwa-yemen.net

الصحوة نت © 2018 م

الى الأعلى