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Middle EastSyria· Damascus
First report 1h ago•Last update 32m ago

Syrian Pound's Declining Value Amidst Economic Conditions in Damascus

Daily reports from Damascus indicate a continued decline in the Syrian Pound's exchange rate against foreign currencies, reflecting ongoing economic challenges in the country.

Background

Syria has faced a prolonged economic crisis exacerbated by conflict and international sanctions. This has led to widespread inflation and a significant depreciation of the national currency, impacting the daily lives and purchasing power of its citizens.

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Syrian Pound's Declining Value Amidst Economic Conditions in Damascus · Quorumz