Weakening Yemeni Currency Raises Economic Concerns
International News
November 12, 2024
Yemen's currency crisis has sparked significant concern as the Yemeni rial continues to weaken, affecting the livelihoods of ordinary citizens. Tariq Al-Saffa, a political and economic analyst, warns that the devaluation could lead to higher inflation and exacerbate the country's ongoing humanitarian crisis. Local resident Raed Al-Mehrabi expressed frustration as the cost of living skyrockets, making basic necessities unaffordable for many.