#CryptoClarityAct
The Yemeni economic expert, Bassam Al-Barq, revealed shocking and concerning predictions, indicating the possibility of the US dollar exchange rate rising to 3000 Yemeni rials by the end of 2025, as part of what he described as a systematic plan to weaken the local currency.
Al-Barq explained that the decline in the value of the Yemeni rial is a result of specific economic policies that serve certain parties, noting that the halt in oil exports has led the Central Bank of Yemen to rely primarily on the Saudi deposit to meet the market's demand for hard currency.
According to Al-Barq's analysis, the government benefits from the stability of salaries while their real value declines due to inflation, as this provides them with financial savings that spare them from borrowing or increasing taxes.
He pointed out that the continuation of this approach without restoring government resources or resuming oil exports will contribute to implementing a plan to gradually raise the dollar price.
