Unofficial electronic applications monitoring the black market, followed by Syrians, showed the exchange rate reached 6,010 pounds against the dollar.
Merchants rely on the parallel market price, monitored by applications, to determine the prices of their products, while the official exchange rate approved by the Central Bank is 3015 pounds against the dollar.
And it was Syrian pounds It recorded its last decline last October, when it crossed the threshold of 5,000 pounds for a dollar.
Since the beginning of the conflict, the exchange rate of the Syrian pound has deteriorated by almost 99% on the black market.
However, the new deterioration coincides with a new asphyxiating fuel crisis which has prompted the government, in recent weeks, to adopt a new austerity policy in the distribution of petrol and to suspend public institutions for one more day and for two more days some universities due to lack of fuel for transportation.
The Syrian Sports Federation has also announced in recent days the postponement of all sports activities due to fuel shortages, in order to reduce the burden on sports clubs.
It has always been considered Damascus The economic sanctions that have been imposed on it are a major reason for the continued deterioration of its economy on the one hand, and its inability to import its fuel needs on the other, especially with major oil fields out of control.
Today, most Syrians live below the poverty line and 12.4 million people suffer from food insecurity, according to the United Nations, while the prices of basic necessities are steadily rising across the country.
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And witness Syria After years of war, a suffocating economic crisis has been accompanied by soaring commodity prices, near-permanent power outages and fuel shortages.
Unofficial electronic applications monitoring the black market, followed by Syrians, showed the exchange rate reached 6,010 pounds against the dollar.
Merchants rely on the parallel market price, monitored by applications, to determine the prices of their products, while the official exchange rate approved by the Central Bank is 3015 pounds against the dollar.
And it was Syrian pounds It recorded its last decline last October, when it crossed the threshold of 5,000 pounds for a dollar.
Since the beginning of the conflict, the exchange rate of the Syrian pound has deteriorated by almost 99% on the black market.
However, the new deterioration coincides with a new asphyxiating fuel crisis which has prompted the government, in recent weeks, to adopt a new austerity policy in the distribution of petrol and to suspend public institutions for one more day and for two more days some universities due to lack of fuel for transportation.
The Syrian Sports Federation has also announced in recent days the postponement of all sports activities due to fuel shortages, in order to reduce the burden on sports clubs.
It has always been considered Damascus The economic sanctions that have been imposed on it are a major reason for the continued deterioration of its economy on the one hand, and its inability to import its fuel needs on the other, especially with major oil fields out of control.
Today, most Syrians live below the poverty line and 12.4 million people suffer from food insecurity, according to the United Nations, while the prices of basic necessities are steadily rising across the country.
