09.05.2016 - Syrian currency hits lowest value of war, economist says
Syria's currency hit its lowest value since the start of the country's five-year conflict on Sunday, having depreciated more than 92 percent, an economist said. "It's the first time the exchange rate against the US dollar has reached this level since the beginning of the conflict," Firas Haddad said. The black market exchange rate was 625 pounds to the dollar on Sunday compared with 48 pounds a dollar in March 2011, he said. Sunday's official exchange rate was 512 Syrian pounds to the dollar, according to the central bank in Damascus...............................................Full Article: Source
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