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Wednesday, 16 October, 2024 - 7:22 PM

Economist: The Central Bank is no longer able to control the banking sector in government-controlled areas

Mustafa Nasr, head of the Center for Economic Studies and Media, said that the return of the Presidential Leadership Council Chairman Rashad Al-Alimi yesterday to the interim capital, Aden, accompanied by the economic team, is a message through which he wants to say that the economic file is among the council’s priorities, in addition to a message of reassurance to the people that they are there to take what is necessary regarding the rapid collapse in exchange rates.

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Saturday, 12 October, 2024 - 8:08 PM

Amidst government silence, the Yemeni riyal records a historic collapse against foreign currencies

The local currency recorded a new decline against its foreign counterparts, reaching its lowest levels during financial transactions today, Saturday, in an indicator that foretells further economic deterioration in the country.

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Thursday, 11 July, 2024 - 3:02 PM

(Analysis) The deterioration of the Yemeni riyal exchange rate.. What are the causes and proposed solutions?

Since the beginning of the year 2024, the exchange rate of the Yemeni riyal has been continuously deteriorating, and although the reasons for this deterioration are cumulative, diagnosing the problem of the accelerating collapse in the exchange rate of the Yemeni riyal recently requires focusing on the current factors that contribute to this deterioration.

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