Informed media sources revealed that a Saudi grant of one billion dollars will be announced next week to strengthen the Central Bank in Aden and support the national currency, which is witnessing an unprecedented historical collapse.

Mustafa Nasr, head of the Center for Economic Studies and Media, said that the return of the Presidential Leadership Council Chairman Rashad Al-Alimi yesterday to the interim capital, Aden, accompanied by the economic team, is a message through which he wants to say that the economic file is among the council’s priorities, in addition to a message of reassurance to the people that they are there to take what is necessary regarding the rapid collapse in exchange rates.

The local currency recorded a new decline against its foreign counterparts, reaching its lowest levels during financial transactions today, Saturday, in an indicator that foretells further economic deterioration in the country.