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currency recovery

currency recovery latest

Syrian Lira
December 14th, 2024 - 12:18 GMT
Osama Ali

Osama Ali

After Assad: Syrian Pound shows signs of recovery

ALBAWABA - Currency exchange workers in Damascus said the Syrian Lira has recovered significantly, trading between 11,500 and 12,500 versus the US dollar. The pound lost 270 times its value against the dollar between 2011 and 2023, which led to widespread inflation in Syria. The improved exchange rate comes after years of severe devaluation. This change in the economy follows the entry of opposition troops into Damascus on December 8 ...
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