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Asharq Al-Awsat
Asharq Al-Awsat
World
Damascus - Asharq Al-Awsat

UNCOVERED: Syrian pound sets new low gov unable to find solution - The Untold Story

Syrian pound (AFP)

The Syrian pound recorded a new decline in the black market in regime-controlled areas, exceeding 8,000 against the US dollar, despite the increase in foreign remittances received during the holy fasting month of Ramadan and Eid al-Fitr.

Economists explained that the decline continued with the ongoing economic crisis and the regime’s inability to control the exchange rate despite all measures taken.

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