Damascus, AP—The Syrian government is buying up local currency and raising penalties for black-market deals to try to stop the fall of the pound, which has tumbled to record lows against the US dollar, the state-run news agency SANA said Thursday. Syria’s move...
London, Asharq Al-Awsat—The governor of the Syrian central bank, Adib Mayaleh, yesterday held his country’s citizens responsible for the declining exchange rate of the Syrian pound—which recently reached a record low of 123 pounds to the US dollar—because they are...
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