Yemeni riyal exchange rate depreciated


(MENAFN) Yemen's national currency, the riyal, is depreciated one more time with the riyal exchange rate at 602 against the U.S. dollar.

On Sunday, the cost of the riyal stood at up to 607 riyals to acquire a dollar within the black market, with 602 for a sale.

At the daily benchmark of which the central bank created, the riyal hit 450 a dollar to lock 215 riyals ahead of the crisis.

Member of the Yemeni Central Bank board of directors, Sharaf al-Fudai stated "there is a lack of incoming financial resources provided from the export of oil. Now, Yemen receives only 15 percent of the money it generated from oil exports before the start of the war, while the gas export has completely stopped."

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