Assad’s ouster has seen his Iranian allies end crucial oil supplies. Meanwhile, many economic sanctions that initially ...
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At the busy Marjah Square in central Damascus, Rateb Farah, 25, peddles Syrian pounds in stacks on a cardboard box. Sitting ...
With Syria's corruption-ridden economy in shambles after the overthrow of Bashar Assad, the caretaker government’s priority ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
In late December, Maysaa Sabreen was appointed caretaker governor of the Central Bank of Syria. Sabreen stepped up from deputy governor after the rebel group Hayat Tahrir Al-Sham (HTS) toppled ...
Syria after the fall of Assad is considering the legalization of Bitcoin, including partially backing the Syrian Pound and mining with excess energy reserves. Syria’s economy is in a bad state, to put ...
I still haven’t done it… but the cost of eggs has dropped to 35,000 Syrian pounds a pack rather than 75,000, and the Syrian pound is up on the dollar this morning. Sometimes I can sit for five ...
Assad’s administration imposed strict controls on trade, using an arcane system that required traders to get permission for imports and then deposit Syrian pounds at the Central Bank in exchange ...
With Syria’s economic landscape in uncharted territory, the coming weeks will be critical in determining whether the pound’s surge is sustainable or merely a prelude to another financial crisis. In a ...