Mon, Sep 22, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

War-torn Syria moves to shore up currency

Posted on 12 July 2013

War-battered Syria moved Thursday to protect its battered currency, proposing new laws to criminalize dealings in other nations’ bank notes. The new statutes would subject violators to fines and prison terms of up to 10 years, state media reported.
The move comes as concern mounts about the plummeting value of the Syrian pound and the use of the U.S. dollar in its place. With the Islamic fasting month of Ramadan having begun, some Syrians say they are having difficulties buying sufficient food………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37037 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930