The Governor of the Central Bank of Syria (CBS), Adib Mayaleh said the Central Bank of Syria (CBS) has pumped large sums of foreign currency, most of which dedicated to funding imports, into the market in order to restore equilibrium.
Mayaleh said in a statement that the CBS will continue with this intervention to meet the demands of importers, which have doubled over recent days in order to import the basics and raw materials for industry.
Mayaleh said the importers' demands indicate that production has been set in motion again and economy is on the rebound, adding that work is underway to increase the intervention incrementally.
Translated and edited by The Syrian Observer
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