INSUBCONTINENT EXCLUSIVE:
landscape shows surprising resilience
an otherwise challenging economic picture
Money changers now freely trade dollars and Turkish currency in local markets.This marks a dramatic shift from previous policies where even
The new openness reflects a practical approach to currency management.The real story lies in the numbers
Public sector workers earn about 300,000 Syrian pounds monthly, now worth $24 at the new rate
Western sanctions, lost oil territories, and regional financial instability have all played their part.The manufacturing sector, tourism,
and oil industry struggle to function under these pressures
The new government faces immediate challenges.With 90% of Syrians living below the poverty line, the currency adjustment represents just one
step toward economic stability
The preservation of gold reserves through years of conflict suggests potential for recovery, despite the current challenges.
