Syrian government cannot resort to floating exchange rate for multiple reasons ...Syria

ُEnabbaladi - News

Enab Baladi – Zeynep Masri Several Syrian government officials, economic analysts, and experts have recently started discussing signs of economic recovery in Syria despite the Syrian pound’s volatile exchange rate. In addition to the analyses, economists propose solutions that will help transform the Syrian people’s deteriorating living and economic conditions. The Syrian economy has been turbulent and has declined significantly since the start of the conflict. Furthermore, there is a widening gap between the prices of the official foreign currency market–through which the Syrian government sets its employees’ salary or wage rates as well as remittances of its citizens–and black mar

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Last updated : 26 January 2021 clock 05:00 PM

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Syrian government cannot resort to floating exchange rate for multiple reasons ...Syria

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