Syria weakens currency’s official exchange rate amid economic crisis
- Date: 03-Jan-2023
- Source: Arab Weekly
- Sector:Financial Markets
- Country:Lebanon
Syria weakens currency’s official exchange rate amid economic crisis
DAMASCUS, Syria-
Syria weakened its official exchange rate to 4,522 Syrian pounds to the dollar, a central bank statement said on Monday, while black market rates used for most economic activity sat around 6,500.
The official rate was previously set at 3,015.
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