SOUTH24 CENTER FOR NEWS & STUDIES
SOUTH24 CENTER FOR NEWS & STUDIES
Aden (South24 Center)Financial markets in the city of Aden and other areas under the control of the internationally recognized Yemeni government are facing a severe shortage of local currency liquidity, leading to an almost complete disruption of exchange operations and intensifying living pressures on residents.Residents in the southern governorates said exchange companies and financial platforms have halted the conversion of foreign currencies into Yemeni rials or imposed a low daily cap equivalent to no more than 100 Saudi riyals per customer. Customer data is reportedly being circulated to prevent individuals from repeating transactions at other exchange outlets.In ma ...
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