13.04.2016 - Currency crash adds to Syrians’ woes
An unprecedented plummet in the Syrian pound’s value against foreign currencies is contributing to skyrocketing food prices and compounding Syrians' already-dire economic situation as the war here enters its fifth year. The pound's exchange rate against the US dollar exceeded 500 in early April. Markets in the Syrian opposition-controlled areas in Aleppo have been plagued with a semi-recession due to the rising prices of food and other commodities, the declining local currency and weak purchasing power. This comes amid a lack of job opportunities and low revenues...............................................Full Article: Source
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