5 Hrs
Source:
عدن تايم
Source: عدن تايم
5 Hrsعدن تايم
Source: عدن تايم
5 HrsReady to play
Ready to play
Despite the stability of the exchange rate in Aden, prices of basic goods have remained high, weakening purchasing power—particularly among households that rely on remittances from expatriates. A study published in August 2026 indicates that the Central Bank held 128 currency auctions between November 2021 and July 2025, offering a total of about $3.735 billion; however, these auctions explained only 6.1% of the fluctuations in the dollar exchange rate. The article proposes publishing weekly price lists for goods, reviewing import costs and profit margins, monitoring major traders and requiring prices to be displayed, as well as announcing the results of inspection campaigns and strengthening coordination among the Central Bank, the Ministry of Industry and Trade, and the Chamber of Commerce. It concludes that exchange-rate stability alone is not enough: easing the burden requires more effective and transparent oversight, along with measures to ensure that the benefits of monetary improvement reach market prices and people’s living standards.
Notice: This Is an AI-Generated Summary
Comments (0)