Yemen- Following the Plummet in Yemeni Currency’s Value, The Central Bank Fails in Containing the Inflation

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The Yemeni rial’s value continues to tumbles as it trades at over 1,100 rials to US dollar In. The plummet in the currency’s value adversely affected the prices of consumer goods in a place where 90% of the available food items are imported. Economic experts shed light on the disastrous reality in Yemen after the plummet in the currency’s value, noting that the Central Bank measure to contain the inflation are futile

 

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