Expectations of its decline, Ramadan remittances boost Syrian pound ...Syria

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Expectations of its decline, Ramadan remittances boost Syrian pound
Enab Baladi – Jana al-Issa The value of the Syrian pound has seen a noticeable improvement against foreign currencies since the beginning of the current March, after months of relative stability at around 14,500 Syrian pounds to the dollar. According to the S-P Today website, which specializes in monitoring foreign currency and gold rates, the dollar selling price was recorded at 14,000 Syrian pounds and the buying price at 13,850 Syrian pounds at the time of preparing this report. The European euro selling price reached 15,253 Syrian pounds, with a buying price of 15,084 Syrian pounds. The improvement of the pound coincided with the advent of Ramadan, a time when the value of remittances to

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