Yemeni economy in free fall amid collapsing currency, COVID-19
The majority of Yemeni society bears the consequences and stands alone, unable to confront the ravages of war, division and the ongoing economic deterioration.
Over the past month, the Yemeni rial has declined against foreign currencies to the lowest rate since the war began in March 2015, registering 800 rials to the US dollar, amid international warnings of further declines.
This was clearly expressed by Undersecretary General for Humanitarian Affairs Mark Lowcock in his briefing to the United Nations Security Council on Yemen June 24, warning of Yemen "falling off the cliff."
