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In Syria, 2 currencies and no stability

image sourced from original article at https://www.ynetnews.com/article/skxvxbs6kl

Years of war, economic collapse, and international sanctions have devastated Syria's economy and fractured its financial system. In parts of northwestern Syria, residents have turned to the Turkish lira as an alternative to the failing Syrian pound. The pound's decline has unfolded in distinct phases, with a brief period of stabilization followed by further decline in 2020 due to international sanctions.

Original article source: https://www.ynetnews.com/article/skxvxbs6kl
Source Id: 8617994231

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