Saudi War Cost in Yemen Just Rose After $2 Billion Deposit
- King Salman orders transfer of deposit to Yemeni central bank
- Rial’s value has plummeted as Saudi-led coalition wages war
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Saudi Arabia will deposit $2 billion in Yemen’s central bank to prop up the currency after an urgent request for assistance from their allies to ease an economic crisis engulfing the war-ravaged nation.
King Salman issued the order to help support the rial, which has plummeted amid a lingering conflict between a government backed by Saudi Arabia’s military and rebels supported by Iran.