Economic committee tackles SP exchange rate

Economy & Aftermath

DAMASCUS,(ST)_The economic committee reviewed on Wednesday  exchange rate of the Syrian Pound against foreign currency .

The meeting chaired by Prime Minister, Dr. Wael al-Halqi, revolved around procedures of the SP exchange rate, stressing need to keep the exchange rate stable to back national economy, according to SANA.

In this context, Governor of the Central Bank of Syria (CBS), Dr. AdibMayaleh, said: “Citizens’ imported requirements are being financed by banks at the price SP 79.9 to 1$ to preserve the products prices stable in local markets and to prevent importers and merchants from hiking prices of citizens’ basic needs up.

The economic committee was recently formed to follow up economic situation plus financial and banking matters.

Basma Qaddour

You might also like
Economy & Aftermath

New Tender of 100 Thousand Tons of Wheat

Economy & Aftermath

Syria, Iraq to Enhance Economic, Trade Relations

Economy & Aftermath

“Syrian Exportation House” Future EDPA Project to Promote Exports

Economy & Aftermath

Syria to participate in Gulfood 2013

Latest news
UN Resident and Humanitarian Coordinator in Syria: Reports about United Nations evacuating all its s... Army General Command: The Syrian people are facing systematic media and terrorist war aiming at dest... Syrian Army Eliminates large numbers of Terrorists, destroys dozens of their vehicles in northern Ho... Presidency of the Republic: President Al-Assad is assuming his work, national and constitutional dut... Lavrov: Russia, Iran, Turkey agreed on facilitating the stopping of military operations in Syria, st... Iran reaffirms ongoing support for Syrian people, government Russian and Iraqi foreign ministers discuss situation in Syria and its serious impacts on the region... Damascus International Airport operating at full capacity, news about stopping operations is not tru... The Russian "Roads of Glory - Our History" movement condems the terrorist organizations' attack on S... Baghaei: Allegations about the evacuation of the Iranian Embassy in Damascus are not true 27 martyrs in Israeli occupation massacres in Gaza A statement by the General Command of the Army and Armed Forces Joint statement of the foreign ministers of Syria, Iraq and Iran: "Threatening Syria’s security enda... Friends of UN Charter condemn terrorist attacks in Syria Foreign Ministers of Syria, Iraq and Iran hold joint press conference on the situation in Syria Iraqi President reaffirms need to preserve Syria's unity and sovereignty Israeli occupation forces raid Kamal Adwan hospital in Gaza, force medical staff and patients to lea... The Syrian Army eliminates dozens of terrorists in Hama countryside Lavrov: Information indicates the United States, Britain support terrorist groups in northern Syria Fayyadh: Syria’s security cannot be separated from Iraq’s