Houthi oil facility attacks blamed for Yemeni riyal’s new slide

AL-MUKALLA: The Yemeni riyal started plummeting in government-controlled areas this week, days after the top of the Presidential Management Council mentioned his authorities might be unable to pay public staff attributable to Houthi strikes.

The riyal was exchanged at 1,200 per greenback in Aden, Al-Mukalla and different liberated areas on Tuesday in comparison with 1,170 final week, erasing months of enchancment over the earlier 9 months.