Syrian Expatriates Public Interference to Support Pound

DAMASCUS,(ST)_ Public intervention in support of the Syrian pound by Syrian expatriates will start tomorrow (Friday) for several days, to be followed by weekly intervention campaigns as part of “Syrian phoenix “, campaign launched earlier this month.

In a statement to SANA,  campaign co-founder Ramy Yazigi explained that supporting the Syrian pound by Syrian expatriates is made by the purchase of the Syrian pound or depositing US$ in Syria exclusively,  stressing that this measure can be performed in any Arab country or Western banks that have branches in Syria.

As for campaign’s steps and stages Yazigi: “the second step will start in September, according to a set economic plan by specialized economists, and national traders to reduce commodity prices through dumping the market with commodity and low prices,  so as to force crisis traders to reduce their prices or go out of the competition policy “noting that details will be published before campaign deadline via its site on social networking sites and national media campaign,  at the consent and supervision of the Syrian authorities concerned.

Yazigi pointed out that 23 Syrian businessmen, and hundreds of shareholders have joined the campaign,  as a contribution to alleviate the consequences of the economic war imposed on Syria.

Last Monday, witnessed great increase in foreign exchange sums to Syria,  resulting from Syrian expatriates remittances from overseas,  whereas several money transfer companies were licensed in Syria,  instructions were taken by authorities concerned to facilitate the licensing procedures,  and Interior Ministry strict measures to combat the smuggling of foreign currency.

Tomader Fateh