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Soldiers from the Egyptian army escort a bus carrying Palestinian prisoners released from Israel, as part of a prisoners exchange deal, outside the Egyptian Rafah crossing Reuters
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Signs of China’s renminbi (RMB) or yuan and U.S. dollar are seen outside at a foreign exchange store in Shanghai, China, in this August 14, 2015 file photo. REUTERS/Aly Song/Files
Saudi Arabia: 40 Currencies Join Exchange Market Marathon during Hajj Season
Dammam-The Hajj season activates the Saudi exchange market for being the most prominent sector during the year when the number of traded currencies reaches 40. The U.S. dollar tops the list as it acquires up to 80% of the total trading, according to Waleed Marzouq,...Caption:
An employee stamps stacks of Syrian pound notes at the Syrian central bank in Damascus April 23, 2013. (Reuters/Khaled Al-Hariri)
Experts warn against holding, purchasing collapsing Syrian pound
Riyadh, Asharq Al-Awsat—Many Syrian traders have converted their Syrian pound-dominated assets to dollars for fear of losing their value, given the growing unrest in Syria and the destruction of its infrastructure. The Syrian pound has lost 77% of its value since the...Caption:
The emir of Qatar, Sheikh Hamad bin Khalifa al-Thani (right), and other officials attend the opening of the Doha Forum, an international meeting which will discuss regional political, economic and social issues of the Arab Spring, in the Qatari capital on May 20, 2013. Source: AFP Photo/STR