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How do rumors affect exchange rates after the Central Bank of Syria issues a new 5,000 SYP banknote?


How do rumors affect exchange rates after the Central Bank of Syria issues a new 5,000 SYP banknote?
An expressive image (edited by Enab Baladi)
Enab Baladi – Zeinab Masri 
The Syrian Pound (SYP) value sank to a record low against the U.S. dollar (USD) on the black market at the end of January.
For the first time, it exceeded 3,000 pounds to the US dollar, days after the Central Bank of Syria (CBS) issued the new 5,000 SYP note. The pound recorded an exchange rate of 3,020 against the U.S. dollar for sale and 2,990 for purchase on 28 January, according to Syrian Pound Today (a Syrian Pound tracking website). ....

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