Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55309346
Caption:

People buy rose petals on the first day of Ramadan, the holiest month in the Islamic calendar, at the Karaj Al-Hajez crossing, a passageway separating Aleppo’s Bustan al-Qasr, which is under the rebels’ control and Al-Masharqa neighborhood, an area controlled by the regime, July 10, 2013. (REUTERS/Muzaffar Salman)

Syria government tries to bolster falling currency

by Asharq Al-Awsat | Jul 11, 2013 | Business

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...

Media ID: 55296808
Caption:

A Syrian refugee takes Syrian currency from the customers at his shop at Al Zaatri refugee camp in the Jordanian city of Mafraq, near the border with Syria February 21, 2013. (REUTERS)

Central Bank Governor on Syrian Pound’s Record Low

by Asharq Al-Awsat | Mar 25, 2013 | Business

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...