US Dollar up Against Syrian Pound

As the Syrian pound continues to weaken against the dollar, hopes are being put on the new economic deals that were recently signed with Iran writes Zaman Al Wasl.

On Wednesday, the Syrian pound weakened against the US dollar, despite regime promises to revive the economy following the signing of  strategic economy deals with Iran.

The dollar was up 0.30 percent at 530 pounds in two weeks.

On Tuesday, Bashar al-Assad hailed an economic deal with key ally Iran, as a bulwark against what he described as an “economic war” waged by the West.

The day after the allies signed a string of agreements, including a long-term “economic cooperation” deal, Assad spoke of reconstruction in the war-torn country.

 

This article was 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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