A Historic Collapse of the Syrian Pound Against the Dollar
ETIHAD PRESS (Opposition website)
February 12, 2021
The Syrian pound reached a new low on Thursday evening, reports Etihad Press.
The Syrian pound reached a new low on Thursday evening, reports Etihad Press.
The Russian Foreign Minister and UN Secretary-General have reiterated the need for humanitarian aid to combat the coronavirus pandemic, reports SANA.
ISIS have killed 26 regime fighters in an ambush in Deir-ez-Zor, reports Al-Araby Al-Jadeed.
A new banknote has caused havoc in the Syrian economy, writes Alsouria Net.
The Biden administration will adhere strictly to the Caesar Act’s sanctions package without interfering with humanitarian aid, according to Asharq Al-Awsat.
As the economic situation deteriorates, women have been forced to (re)enter the labor market, accepting unsuitable working conditions, writes North Press.
Algeria has extended a hand to Syria’s spiralling and sanction-stricken economy, reports Enab Baladi.
Syrian authorities have been instructed to repay billions of pounds worth of outstanding debt belonging to military servicemen, reports the Syria Times.
Religious groups have called on President Joe Biden to remove the sanctions on the Syria, claiming that they are compounding the suffering of the Syrian people reports Al-Masdar.
The Central Bank has announced the release of the new 5,000 Syrian pound banknote, which they say will meet the needs of the market writes SANA.
It has been speculated that a 5,000 Syrian pound bank note will soon be issued, but it is feared that the issuing will lead to inflation reports Etihad Press.
There are concerns that Syria’s wheat yield will be lower than expected, amid a shortage of diesel and rain reports Enab Baladi.
Syria has condemned the US for putting Cuba on the list of states that sponsor terrorism and insisted that it can face US schemes writes SANA.
The Assad regime has 90 days to reveal it chemical weapons stockpile or face fresh sanctions reports Baladi News.
Minister of Finance Kinan Yaghi has told Syrians that 2021 will be a better year, economically speaking, than last year, although gave few specific details writes Syria Steps.
President Assad has decreed that a one time grant to civil and military employees and pensioners writes SANA.
The US Department has released a statement on the anniversary of Resolution 2254, regarding President Assad and the US sanctions.
Ongoing economic problems have forced women and children to join the employment market, but salaries are not meeting the cost of living writes Iqtissad.
The economic situation in Syria continues to worsen and with no indications that wages are set to rise, it is feed that the country could slip into famine writes North Press.
Sheikh Najjar has been hailed a success following the return of industry and the rehabilitation of facilities for manufacturing writes SANA.
