The Central Bank of Yemen in the city of Aden announced, on Tuesday, May 13, 2025, the sale of 6 million dollars out of a total of 30 million offered in the thirteenth public auction of this year 2025, in light of a noticeable decline in the demand for the auctions of selling currencies that the bank offers. 

The Central Bank stated, in a statement published on its official website, that he sold at the auction an amount of 6 million 664 thousand dollars, out of 30 million dollars, the total amount offered at the auction, at a exchange rate of 2556 riyals per dollar, while the price of the dollar in trading today reached 2545 riyals. 

According to the statement, four participants were submitted to the auction, while the number of bids reached 10 bids, which were accepted by the whole auction committee, indicating that the coverage rate reached 22 percent. 

This auction is the thirteenth that the Central Bank of the sale of foreign currencies is released since the beginning of this year, after a hiatus that lasted about three months, and the 38th auction since Saudi Arabia has announced the provision of economic support to Yemen worth one billion and two hundred million dollars, on the first of last August, with the aim of supporting the stability of the national currency exchange. 

It is noted, through the results of the recent auctions, the decline in the demand for auctions announced by the bank, as today he sold only 6 million dollars out of a total of 30 million, which was offered for sale, while in the auction last week he sold about 10 million only out of a total of 30 million, which was offered for sale. 

The announcement of the results of the 13th auction comes at a time when the exchange rates of the Yemeni riyal are in continuous decline, as the price of the US dollar in today's trading reached 2545 riyals, while the price of the Saudi riyal reached 669 riyals.

Over the past three years, the Central Bank in Aden continued to announce auctions to sell millions of dollars in an attempt to control the national currency exchange rate, but the state of decline in the value of the Yemeni riyal against the dollar is still ongoing, and these auctions have not achieved concrete results so far