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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

What is your sentiment on USD/YER?

The country is grappling with a historic collapse of its local currency, with the Yemeni rial plunging in value. Currently, the US dollar is exchanged at around 2,300 Yemeni rials, compared to ...

“Economic conditions have continued to deteriorate, with GDP and real incomes further contracting in 2024 due to the significant depreciation of the Yemeni rial amid halted oil exports and ...

The revenues increased from the expected figure of 483.9 billion Yemeni Rials ($2 trillion)to 764.3 billion Yemeni Rials due to the increased ratio of the government’s oil, the report said.