International financial intervention is urgently needed to protect the value of the Yemen’s domestic currency. If this support is not forthcoming in the immediate near-term the Yemeni rial faces rapid depreciation; in a country that imports nearly 90 percent of its nutritional needs this depreciation would decimate the ability of most Yemenis to purchase food and other basic necessities. The two-year-old civil war and regional military intervention in Yemen has already helped create the world’s largest food security emergency, with…
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