
Yemen launches price control as currency rebounds to 1,800 rials per dollar
Aden, Yemen, Aug. 3 (UNI) Yemen’s rial surged to 1,800 per U.S. dollar in government-held areas Saturday, rebounding from nearly 2,900 two weeks ago, prompting authorities to launch nationwide price controls. Banking sources in Aden confirmed the currency recovery, the strongest in months, sparking citizen hopes for lower food costs. The Aden-based Central Bank of…