Yemeni riyal continues to improve

Yemeni riyal continues to improve

The Yemeni riyal has improved more on front of the foreign exchange and reached  400 riyals per US dollar, and 105 riyals for the Saudi riyal, the biggest recovery that has occurred to the local currency since its history.

Bankers told Al-Masdar online that the real recovery is ongoing and is expected to reach 350 riyals per dollar in a matter of days.

From 4 pm, Riyal regained 80 riyals of its value, with the exchange rate at 480 .

The cashiers stopped buying foreign currencies because of its availability unlike the past month when the  foreign currencies was absent from the market, and the exchange rate reached 800 riyals for the dollar in the parallel (black) market.


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