Yemen's currency sinks to historic lows, worsening famine risk

Yemen's currency sinks to historic lows, worsening famine risk
By AFP - Jul 13,2021 - Last updated at Jul 13,2021
Yemeni fishermen unload their catch from boats as they return from fishing in the Red Sea coastal Khokha district of Yemen's western province of Hodeida on Monday (AFP photo)
ADEN — Yemen's currency, the riyal, has sunk to historic lows in recent days, in a new threat to the war-torn country which is already on the brink of famine.
In the government-controlled southern capital of Aden, the dollar is trading at more than 1,000 riyal, the highest rate since the war began in 2014, when Iran-backed Houthi rebels seized the northern capital of Sanaa.

Related Keywords

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