Syria … the dollar continues to fall and lose 10% and forecasts of further decline



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The exchange rate of the dollar continued to fall in Syria compared to the read until reaching this afternoon 690 pounds per dollar at bureaux de change and without any documents. He reached 608 pounds in Homs and some northern cities after reaching the 690 level 3 days ago.

On Wednesday, the Syrian market recorded a further decline in the dollar's exchange rate against the Syrian pound, reaching 620 pounds per dollar at 13 hours, a 10% drop, while reaching the 610-pound level in Homs and in northern cities.

The sites said that the demand for foreign currency was almost zero and that they expected the decline to continue at lower levels.

On Monday, the Syrian government convened on an exceptional basis to take direct measures to provide citizens with essential goods and needs at reduced prices, as well as to set up a mechanism to influence them. effectively changing markets.

The committee, chaired by Prime Minister Imad Khamis, focused on the fight against monopolies harming consumers and on the follow-up of legal actions to control illicit transactions in foreign currency.

The Committee reassured citizens that relevant government agencies are responding instantly to fluctuations in exchange rates and that immediate action has been taken to bear fruit. The sources confirmed the exchange rate according to which the Central Bank and some relevant authorities had organized procedures to control the liquidity of the market without pumping and no dollar in the market was setting the price in the morning with the cessation of all transactions.

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