Despite quake losses, Syrian pound rate is relatively stable ...Syria

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Despite quake losses, Syrian pound rate is relatively stable
Enab Baladi – Muhammed Fansa The Syrian pound has recorded relative stability in the exchange rate against the dollar, in conjunction with the decisions of the Central Bank of Syria (CBS) in February to adjust the price of the remittance bulletin on a daily basis to be close to the black market price although Syria was exposed to a massive earthquake during this period, whose losses were estimated at billions of dollars. Since last February, the exchange rate of the Syrian pound has ranged between 6,850 and 7,650 against the dollar on the black market, according to the ٍSP-Today website, which is specialized in tracking foreign exchange rates, while the official exchange rate in the

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