"Rise" of currency prices in Yemen

Business

Now the most recent foreign exchange rates in Yemen, where we follow the Yemeni riyal is updated daily, and most of these currencies the importance of the dollar against the Kuwaiti riyal today, where the dollar remains the currency of the first economic importance globally.

The second place is the Saudi riyal against the Yemeni riyal on the black market. Many citizens have moved to Saudi Arabia because of the conditions that the Republic of Yemen has been through for many years. The number of Yemeni citizens in the Kingdom exceeds 2 million.

The price of the dollar and the Saudi riyal against the Yemeni riyal today on the black market

The price of the Yemeni riyal against the dollar today for selling 563 rises slightly to 568 for buying on the black market, while the Yemeni riyal against Saudi Arabia today was 151 for sale against the price of 152 to buy.

Read also: Gold prices today in Yemen in krial and dollar

the currency selling price Purchasing price
US dollar ' 563 568
Saudi riyal 151 152
United Arab Emirates Dirham 153 154
European Euro 627 630
Sterling pound 714 720
Canadian Dollar 413 417
Egyptian Pound 29 30
The Qatari Riyal 137 141
Kuwaiti Dinar 1651 1702
Omani Rial 1420 1450
Jordanian Dinar 759 764
Bahraini Dinar 1429 1458
Malaysian Ringgit 129 131
Chinese Rambi 78 79.5
Algerian Dinar 4 5
Ld 389 393
The Turkish Lira 91 92
Indian Rupee 6 7
Ethiopian Bir 18 19
Swiss Franc 533 537
Australian Dollar 742 748

Note that these prices are not fixed. They are the average quoted prices of foreign exchange rates on the black market against the Yemeni riyal. The prices of the dollar and the Saudi riyal may vary in Yemen from one governorate to another and from one seller to another.

Continuous disturbances in the Yemeni riyal today

The Yemeni riyal is exposed to daily observable disturbances on the black market, where the Yemeni currency prices fall against the dollar and the Saudi riyals. The following day, the rise or decline continues, due to the difficult economic and political conditions experienced by the Yemeni state. Economic and export activities at the governmental level as well as the private sector, with a deficit in the Yemeni budget the government is trying to meet through Arab and international loans and assistance.

The scarcity of foreign exchange resources, due to the suspension of all economic and export activities at the governmental level as well as the private sector, affects the Yemeni riyal against various currencies due to the shortage of supply and the increase in the demand for the US dollar and the Saudi riyal. Through Arab and international loans and assistance.

Steps to solve economic problems in Yemen

The Washington Institute published a research paper that included a road map to solve Yemen's economic problems. The first of these proposals was the use of the Saudi Riyal and the Saudi Riyal as recognized official currencies. Second, the use of modern technology through increased payments and electronic transfers of funds.

Which will contribute to reducing the rate of corruption and speculation in foreign currencies, as well as contribute to the direction of citizens to deal with banks and the banking sector in an official manner. Third, the return of work in all fields of oil and natural gas, which directly contribute to raising government revenues by about 19% Export operations.

The exchange rate of the international currencies against the Yemeni riyal

The Yemeni riyal in today's trading stabilized relatively, as it witnessed only a slight increase or decline in the parallel market transactions against some currencies, especially the riyal against the US dollar.

Sign up for our free – – – and receive our best articles in your inbox.

Enter your email address:

Delivered by FeedBurner

ليست هناك تعليقات

يتم التشغيل بواسطة Blogger.