
Syria’s Empty Treasury Shifts Focus to Frozen Assets Abroad
Maurice Matta, 2024-12-14 16:00 - Reading : 3 minute(s)
A few days after the fall of Bashar al-Assad’s regime, the Syrian pound made a dramatic recovery against the US dollar in local markets, trading between 13,000 and 15,000 pounds per dollar. This rebound followed months of sharp devaluation, with the exchange rate previously collapsing to nearly 60,000 pounds per dollar on the black ...