QUOTE AND NEWS
The Times of India  May 8  Comment 
Damascus, May 8, 2016 (AFP) -Syria's currency hit its lowest value since the start of the country's five-year conflict on Sunday, having depreciated more than 92 percent, an economist said.
New York Times  Aug 4  Comment 
The ban, which carries fines and jail time for those who engage in such transactions without government approval, is an effort to prop up the Syrian pound, whose value has plummeted since 2011.     
New York Times  Jun 20  Comment 
The Syrian pound fell 30 percent against the dollar over the weekend in panicky selling by Syrians worried it could weaken even further.     
Reuters  Jun 17  Comment 
Washington's decision to arm opponents of Syrian President Bashar al-Assad and reports of Gulf military aid to rebels have sent the Syrian currency plunging to a new record low, currency dealers and bankers said on Monday.     
The Australian  May 27  Comment 
THE dollar is slugging it out with the Syrian pound for the title of world’s worst-performing currency.
The Globe and Mail  Apr 30  Comment 
Many Syrians and outside observers hold sanctions at least partly responsible for the Syrian pound’s decline in value by a third
Reuters  Dec 14  Comment 
Syrian trader Ghaith Jawhar goes daily to the old Damascus market looking for illegal money dealers hiding in the alleyways. He sells them small amounts of Syrian pounds in exchange for hard currency that has become scarcer and more expensive in...




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The Syrian Pound is the currency used in Syria and replaced the French Franc.

The chart at left shows the USD/SYP currency pair; the number of Syrian Pounds equivalent to 1 U.S. Dollar (USD).

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