Yemeni Minister of Transport Saleh al-Jubwani said on Monday that the UAE stands directly behind the collapse of the local currency, which reached a record low and the price of one dollar is 760 riyals.
Al-Jubawani said in a tweet on his Twitter page that there were parties that pushed the local currency to collapse in the market, with the aim of toppling the government of Ahmed bin Dagher and extorting President Abdurbo Mansour Hadi.
“The coin was pushed to collapse and the goal was to overthrow the government and then blackmail the president to form a government that would make the collapse official,” he said.
He noted that this came after the government withstood the Battle of January (confrontations between pro-UAE forces and pro-government forces) and then the Socotra crisis (the UAE attempted military control over Socotra Island).
He noted that this came after the government withstood the Battle of January (confrontations between pro-UAE forces and pro-government forces) and then the Socotra crisis (the UAE attempted military control over Socotra Island).