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مواضيع ومقالات حول #Syrian Pound

| kassioun | Editorials

Kassioun Editorial 1252: Currency Replacement: At the Crossroads of Transitional Justice

To understand the implications, we must pause at the current coordinates. Over the past 15 years, around 40 trillion Syrian pounds have been printed. The quantities printed before 2011 far exceed this figure, though the exact amount remains difficult to determine due to the historical lack of transparency in the country. At the same time, the total cash deposited in banks does not exceed 3 trilli…
| kassioun | Editorials

Kassioun Editorial 1099: What Do Syrians Want?

Syrians want an immediate and urgent solution, and the solution should start promptly, because every additional delay in starting it means…
| Assem Bouzo | Articles

From the Sequestration of the Syrian Pound to its Release; towards further Public Impoverishment

So, have the financial and monetary procedures achieved their announced objective and aim to reach a state of financial and monetary stabil…
| Ashtar Mahmood | Articles

Will the Syrian Pound Stabilize and will we witness Warlords in Business Halls Again?

The stability of the Syrian pound has many determinants related to economy and the laws of the market. However, just like any place in the…

Syrian Pound

May 18, 2021
Ashtar Mahmood | Articles

Gold, the Dollar, and Food; along Ten Years between Foreign Policy and Internal Policies.

The graphs that reflects the level of the doubling of the prices of the dollar, gold, and the basic food basket can tell a lot about the economic and political stages of the Syrian crisis. It can also label the crisis in basic stages on the scale of acceleration and deceleration of deterioration. We chose gold because it is (the commodity of the rich) being a basic savings tool that is available…
Apr 5, 2021
Ashtar Mahmood | Articles

The Syrian Pound is Collapsing on the Scale of Food Prices more than on the Scale of the Dollar!

The value of the Syrian pound collapsed within the three last months in front of the dollar and food prices, as both have increased at record rates. During 15 months of rapid deterioration, the last three months have been indicative of a dangerous situation. As a result, and before going into details: since the beginning of 2020 until now, the Syrian pound has lost 72% of its value on the scale…
Feb 25, 2021
Ashtar Mahmood | Articles

Security Treatment for the Situation of the Syrian Pound and the US Dollar!

This statement is almost the only statement of the Central Bank about the exchange rates since more than 6 months. Silence prevailed while the prices of the dollar were gradually increasing, which reflected the decline in the value of the Syrian Pound and the increase in the general level of prices in Syria. Taking security procedures to face the problem of price increase treats a small and spe…
Feb 25, 2021
Ashtar Mahmood | Articles

Syria: A Political Stalemate; an Economic Decline.

It does not take much effort from the US to impose the stalemate, as they kept their military presence in the north-east to ensure the dismemberment of Syria economically, politically and socially. They imposed the sanctions as a deterrent that makes the legitimate movement of resources and goods to the country costly, cautious, and at its minimum limits. Hence, they provided a wide activity for…
Feb 20, 2021
Ashtar Mahmood | Articles

Social Subsidies’ Bill; Securing the Essentials for Continuance does not cost 1800 billion Syrian Pounds!

3500 billion Syrian pounds is a large number for what is called “social subsidies” and the expenditures of price fixing in the Syrian budget. The government is always busy talking about this sum, and repeating the details of its disbursement: “we spent such-and-such on bread, such-and-such on diesel oil, such-and-such KWh on electricity, sugar, rice, etc.” to prove to its citizens the burdens and…
Feb 8, 2021
Ashtar Mahmood | Articles

The 5000 SYP; the Market needs more Syrian Pounds to keep pace with the Dollar Price

The government issued the 5000 SYP, and the official statements said first that it would be a substitute for damaged pieces of paper money, then the government said that it will be existed in circulation alongside other banknotes. Thereafter, the Minister of Economics talked about the “economic growth” in 2020. All of those attempts, however, are likely a kind of “government prestige” that the go…