Devaluation of the Syrian Pound Before the Arrival of Trump's Missiles - It's Over 9000!

Devaluation of the Syrian Pound Before the Arrival of Trump's Missiles

The exchange rate of the Syrian pound against the US dollar drops about 70 S.P in the north and south of Syria, and this deterioration comes after US statements of launching missile strikes on military sites for the Assad regime in Syria.

The markets of the Syrian north witnessed a significant rise for the dollar against the Syrian lira, where the one dollar exceeded 500 Syrian lira on Wednesday, after being stable at the 420 on Tuesday, which is a record rise in months. While in the markets of the south in Damascus and Daraa the dollar rose on Wednesday to 480 Syrian pound after being stable at 425 on Tuesday.

Ayham Affan, an exchange and remittances worker in the western countryside of Aleppo told Baladi News that the Syrian pound is expected to witness a sharper decline in its value against the backdrop of US threats of launching a military campaign against Assad's regime very soon. Everyone is certain that the strike is inevitabe and it will be a deathblow, Affan said, expecting a complete collapse of the Syrian pound against all other currencies.

   

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