Dozens of Yemenis organized a protest in Taiz Governorate (southwest of the country), to condemn the rapid deterioration of the local currency and the high prices.
An Anadolu Agency report said that the protest took place yesterday, Saturday, on Jamal Street (in the center of Taiz) under the slogan "The collapse of the currency price ... another killer."
The protesters held the Saudi-Emirati coalition responsible for the collapse of the national currency, accusing it of blocking ports, confiscating the government's decision, and preventing it from exporting oil and gas.
They also raised banners saying obstruction of the Riyadh agreement, preventing the return of the government, and looting the capabilities of the Central Bank are direct causes of the deterioration of the economy, the national economy being the victim of the coup of the Houthi militia, the Transitional Council (the UAE-backed council), government inaction, and the collusion of the coalition.
During the past few days, the Yemeni riyal witnessed a decline against foreign currencies, reaching its lowest level in its history, according to banking sources.
The exchange rate of one dollar, according to the same sources, reached more than 804 Yemeni riyals per dollar in government-controlled areas, and 605 riyals in Houthi-controlled areas, which caused a significant increase in the prices of various commodities, especially consumer goods.
For the sixth year, Yemen is witnessing a violent war that has created one of the worst humanitarian crises in the world, as 80% of the population is in need of humanitarian aid, and the conflict has pushed millions to the brink of starvation.
The complication of the conflict is further complicated by the fact that it has regional extensions. Since March 2015, an Arab coalition led by the Saudi neighbor has carried out military operations in Yemen, in support of government forces in the face of the Houthis supported by Iran, and who control several governorates, including the capital, Sanaa.