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Exchange Rates in Syria Rise With American Threats

Alsouria Net takes a look at the knock-on effect that the current tensions are having on Syria's currency
Exchange Rates in Syria Rise With American Threats

The Syrian pound's price declined a great deal against the dollar and euro, as America, France and Britain waved the prospect of a military strike against the Assad regime in response to a chemical attack in Douma.

The Syrian pound site Wednesday said that the dollar exchange rate in Damascus reached 470 pounds buying and 475 pounds selling, while the rate n Aleppo reached 485 pounds buying and 490 pounds selling.

With regards to the euro, the price in Damascus reached 580 Syrian pounds buying and 589 pounds selling and in Aleppo 599 pounds buying and 609 pounds selling.

The Turkish lira appreciated in Damascus to 111 Syrian pounds buying and pounds selling, while in Aleppo the exchange rate reached 116 pounds buying and 118 pounds selling. 

This article was translated and edited by The Syrian Observer. Responsibility for the information and views set out in this article lies entirely with the author.

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