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Cash Consortium of Yemen (CCY) - The Impact of Exchange Rates Volatility from Jan 2021 to Oct 2021

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Country: Yemen
Sources: Danish Refugee Council, European Commission's Directorate-General for European Civil Protection and Humanitarian Aid Operations, ACTED, International Organization for Migration, Norwegian Refugee Council, US Agency for International Development, Mercy Corps, Solidarités International, International Rescue Committee, REACH Initiative

Please refer to the attached Infographic.

Key Findings

  • The exchange rate in some IRG areas has exceeded 1500 YER in the early days of November, indicating an increase in depreciation and a decrease in overall purchasing power.

  • Key goods like petrol and diesel have been impacted by the unsettled exchange rate; with diesel prices staying consistent throughout the governorates, while petrol saw more erratic pricing.


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