Yemeni currency rebound after Saudi Arabia announces aid package

ADEN, Yemen, Aug. 2 (Xinhua) -- The Yemeni riyal gained against the dollar on Wednesday following Saudi Arabia's announcement that it will provide economic support worth 1.2 billion U.S. dollars for Yemen to help address its budget deficit.

Money traders in the southern Yemeni port city of Aden said the faltering Yemeni currency, which has been in a continuous downward spiral for a while, showed signs of recover