Yemeni riyal hits record low as currency crisis deepens


ADEN, Yemen, Feb. 3 (Xinhua) -- The Yemeni riyal plunged to a new record low on Saturday, breaking 1,650 against one U.S. dollar, as the country's currency crisis worsens.

Money changers in the southern port city of Aden told Xinhua that the riyal was trading at 1,650 to one dollar, up sharply from 1,500 just a few months ago. They said the new rate takes the currency perilously close to its all-time low of 1,700 per U.S. dollar in 2022.

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