Darayya marks Ramadan as displaced residents return (Photos)
Ramadan feels different this year in Darayya, with the return of thousands of displaced people and a fall in some food prices.
4
03, 2025
13
02, 2025
False improvement and speculation: What is happening to the Syrian pound?
Syrian markets are experiencing instability in the prices of basic goods as the black market exchange rate of the pound fluctuates sharply, while the Central Bank of Syria takes a hands-off approach.
18
12, 2024
Minor improvement, increased demand: What comes next for the Syrian pound?
The Central Bank of Syria aims to close the gap between the Syrian pound’s official exchange rate and its black market price, following a “momentary improvement” in its value when the regime fell.
27
09, 2022
Syria’s central bank adjusts exchange rates, lagging behind the black market
Damascus is reducing the gap between the official dollar exchange rate, which lags behind the widely used black market rate. The latter is the lodestar for Syrian traders, as it reflects the real value of the Syrian pound.
24
02, 2022
Damascus lifts subsidies as it explores futile solutions to its economic woes
The economic tools used by the regime are unlikely to bring about positive results for the official Syrian economy, but they will deepen the suffering of civilians who have lost access to subsidized goods and services.
