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PM Hussein Arnous Identifies Five Factors Behind Collapse of Syrian Pound

PM Hussein Arnous Identifies Five Factors Behind Collapse of Syrian Pound
syrianobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from syrianobserver.com Daily Mail and Mail on Sunday newspapers.

Hussein Arnous , Manaf Quman , Scarcity Of The Central Bank , Omran Center , Platform Committee , People Assembly , Central Bank , Economic Committee , Prime Minister , Strategic Studies ,

Syria's central bank adjusts exchange rates, lagging behind the black market

Damascus is reducing the gap between the official dollar exchange rate, which lags behind the widely used black market rate. The latter is the lodestar for Syrian traders, as it reflects the real value of the Syrian pound. ....

France General , Dar A , Karam Shaar , Manaf Quman , Abu Muhammad , Omar Abu Muhammad , Abu Abdulhaq , Political Networks , Omran Center , Syria Program , Central Bank , Turkey Based Omran Center , Syria Program Manager ,

Syrian economy in foreign hands: Will they cover Syrian government's deficit or pay off its debts?


Enab Baladi
Enab Baladi-Sakina Mahdi
Russia and Iran, allies of the Syrian regime, are bolstering their economic power in Syria in addition to their military presence. The two countries are wrangling for business influence over energy resources and vital financial and industrial establishments by signing long-term contracts with the Syrian government. These long-term contracts ensure their political and economic interests in Syria and recuperate some of the costs and expenses incurred during war years. 
Iran has specific economic goals in Syria which contradict Russia’s economic policies; Iran is trying to dominate investments in many sectors such as oil, gas, and reconstruction. In return, Syrian officials seek to obtain military and political support and assistance from the two countries. As a result, Russia and Iran could control Syria’s economic options.  ....

Deir Ezzor , Dayr Az Zawr , Abdel Hakim Al Masry , Munaf Quman , Enab Baladi Sakina Mahdi , Khaled Tarkawi , Enab Baladi , Manaf Quman , Bashar Al Assad , People Assembly , Damascus International Airport , Omran Center , Jazeera Center , Syrian Ministry , Maritime Public Properties Law , Logistic Company , Syrian People Assembly , Syrian Central Bank , Enab Baladi Sakina , Syrian Pounds , Syrian Pound Today , Syrian Pound , Syrian Interim Government , Abdel Hakim , Strategic Studies , Syrian Civil Law ,