DAMASCUS (Reuters) - Syria plans to print a newly-designed currency in the UAE and Germany instead of Russia, three sources said, reflecting rapidly improving ties with Gulf Arab and Western states as ...
DAMASCUS (Reuters) -Syria will issue new banknotes, removing two zeros from its currency in an attempt to restore public confidence in the severely devalued pound, according to seven sources familiar ...
Syria plans to print a newly designed currency in Germany and the UAE instead of Russia, marking a departure from over a decade of wartime cooperation, Reuters reported on May 16, citing three unnamed ...
Central Bank of Syria (CBS) Governor Abdelkader Al-Hosaria has confirmed plans to introduce new banknotes as a “historic milestone” and part of efforts to strengthen financial independence. On August ...
(AP) The Syrian government is buying up local currency and raising penalties for black-market deals to try to stop the fall of the pound, which has tumbled to record lows against the U.S. dollar, the ...
Syria is struggling to rebuild its shattered economy after years of dictatorship and crushing trade sanctions. Now, Syria has been given a boost by the U.S. lifting most sanctions to help out the new ...
A senior Syrian official appeared to switch to the insurgent side Thursday, compounding the plight of the embattled government, which has seen the country's currency plunge to levels of roughly half ...
This past summer, as the Syrian economy began to unravel and the military pressed hard against an armed rebellion, a Syrian government plane ferried what flight records describe as more than 200 tons ...
BEIRUT (Reuters) - Syrian traders who price goods in foreign currency will face up to 10 years in jail, the government announced on Sunday in a move aimed at stemming the increasing dollarisation of ...