All4Syria has learned that security forces on Tuesday arrested the owner of an exchange company at the Jajah company's headquarters in the Hariqa market in Damascus, also arresting a number of employees and customers at the site.
Sources told All4Syria all were taken from the site to an unknown location.
Syrian authorities accuse exchange companies of manipulating the dollar exchange rate.
Before closing the Jajah company, the Fouad exchange company was closed and a number of employees were arrested for violations of the Central Bank's instructions.
Also last month, the al-Shaar exchange office was closed after the arrest of the owner of the company and its employees.
Official Syrian television broadcast what it described as confessions by an accountant working with the company saying the company had sold dollars bought from the Central Bank to relatives of the owner, al-Shaar.
He said profit was made by selling dollars on the black market at a higher rate than was presented to the Central Bank in official sales records.
Syrian authorities are cracking down on black market exchange and intervening in the market in an attempt to address the deteriorating value of the Syrian Pound, but to no avail.
Translated and edited by The Syrian Observer
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