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Value of Yemeni riyal in occupied territories plummets to over 1,400 riyal per dollar
[HODHODYEMENNEWS.NET] Economists have warned citizens in the areas under the control of the Saudi-led coalition of the repercussions of the sudden and unjustified drop in foreign exchange rates, as the value of the US dollar reached 1,402 Yemen...an area of the Arabian Peninsula sometimes mistaken for a country. It is populated by more antagonistic tribes and factions than you can keep track of... i riyals and the Saudi riyal reached 370 Yemeni riyals. The economists confirmed that this is a new fraud to lure many citizens into the trap of manipulating exchange rates and selling their money at prices below its value. They explained that the decrease in the selling price of currencies without returning the proceeds from the sale of oil from the National Bank of Soddy Arabia ...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. When the oil runs out the rest of the world is going to kick sand in the Soddy national face... to the Bank of Aden and not sending the deposit is "nothing more than a fraud." On the other hand, the National Salvation Government in Sana’a has succeeded in stabilising exchange rates in the areas under its control at only 529 Yemeni riyals per dollar. Posted by: Fred 2023-08-02 |
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