Collapsing Currency in South Yemen Areas, Failure of Saudi-UAE Occupation

The head of national delegation, Mohammed Abdulsalam, stressed that the collapse of the currency in Saudi-UAE occupied territories is a manifestation of the failure the countries of aggression and proof the extent of their aggression towards all Yemenis.

He explained that the countries of aggression do not care about the suffering of citizens languishing under occupation, while bragging of “legitimacy.”

The deterioration of the local currency continues in the occupied areas, as part of the ongoing economic war waged by the US-Saudi-Emirati aggression and its mercenaries.

Media affiliated with the pro-Saudi government confirmed the escalation of withdrawals and depletion of foreign currencies from the market in the occupied areas, especially Aden. News websites affiliated with the Islah Party said that Dozens of what they described as “brokers” are withdrawing the Saudi riyal and the US dollar from exchange shops and from citizens in the occupied governorate of Aden, in exchange for tempting amounts of illegal currency.

It pointed out that the increase offered by these “brokers” to purchase foreign currencies amounts to three thousand riyals above the exchange rate circulating in the market, and stressed that they follow mercenary leaders in Aden.

This information confirms what the Central Bank in Sana’a recently revealed about the resort of mercenary leaders in Marib governorate to drain foreign currency from the governorate’s markets and neighboring governorates, in return for attractive prices of illegal local currency.

The pro-Saudi government are trying to exchange the money that they collected from corruption and looting of revenues, to its equivalent in foreign currency, in order to facilitate smuggling it abroad, in light of the continuous defeats they suffer in the filed.