Ras al-Ain: Three currencies complicate trade and exhaust the residents ...Syria

Ras al-Ain – Hussein Shaabo The presence of three currencies in circulation in the border city of Ras al-Ain, northwest of al-Hasakah, places a heavy burden on residents and merchants and complicates their commercial transactions. The currency in circulation is the Syrian pound, but its turbulent reality and its decline to unprecedented levels have exhausted the people. The second currency is the Turkish lira (not widely circulated) because the city is adjacent to the Turkish border, and the third is the US dollar. The trading situation is not new, but the deterioration of the Syrian pound since the beginning of this year against foreign currencies and the decline in the value of the Turkish

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Last updated : 24 October 2023 clock 11:20 AM

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Ras al-Ain: Three currencies complicate trade and exhaust the residents ...Syria

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