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Business and Finance
Globallookpress
The accelerated gains made by the Syrian pound since yesterday have allowed the record price to reach the 600-pound mark while contradictory information and uncertainties regarding the reasons for the rise or fall of the situation.
Specialized pages on the monitoring of exchange rates on the parallel market have just mentioned that the Syrian pound was 598 pesos against the dollar, as in the page "Syrian Stocks", which highlighted the case of "total lack of demand for foreign currency "and indicated that the lira rose to 588 pounds.
Other sites indicated that the lira traded at 608 lira against the dollar.
Some reasons
Remarkably in the case of price fluctuations, the announcement today issued by BS for Oil Services, a subsidiary of the Katerji International Group, stated that "the exchange rate of the dollar against the Syrian pound is down "", noting that "thanks to the efforts of the honorable" who did not appoint them.
This new announcement comes after the announcement yesterday by the company of the dollar's decline against the Syrian pound, set at 2 pm, and thanked the people who contributed to this and distinguished the manufacturers who said to be "always the biggest supporter" of the national economy.
The Syrian government has announced that it has taken a series of measures that it has not specified in the face of the collapse of exchange rates, only specifying that these measures "are beginning to bring their fruits".
At the same time, the Ministry of Internal Trade and Consumer Protection has announced that it will vigorously attack "hit with iron" to counter exchange rate fluctuations and its impact on imported products and to local production.
Damascus – Osama Younes
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