Unifying exchange rate, plan to fill regime’s treasury ...Syria

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Unifying exchange rate, plan to fill regime’s treasury
Enab Baladi – Jana al-Issa For a number of reasons, most notably benefiting from the price differences between the prices it imposes and the realistic figures of the value of the Syrian pound against the dollar in the “parallel” market, the Syrian regime resorted during the past years to creating several figures for the exchange rate of the dollar in Syria. Since the beginning of 2023, the Central Bank of Syria (CBS) has taken a number of decisions under a common justification, which is “a step towards reducing the number of exchange rate bulletins issued by it, as part of its efforts to unify prices.” In this report, Enab Baladi discusses the reasons for the regime’s desire to unify

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