Syria floats new bank note amid soaring inflation

DAMASCUS, Syria (AP) - A new, 5,000 Syrian Lira bank note goes into circulation Sunday, the largest denomination in the country reeling from a decade of conflict and a crippling economic crisis. Syria’s currency has been on a downward spiral since the conflict began in 2011. Trading that year ...

3 years ago·United States

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680 News

Syria floats new bank note amid soaring inflation

DAMASCUS, Syria — A new, 5,000 Syrian Lira bank note goes into circulation Sunday, the largest denomination in the country reeling from a decade of conflict and a crippling economic crisis.Syria’s currency has been on a downward spiral since the conflict began in 2011. Trading that year at 47 liras to the dollar, it’s now officially up to trading at 1,250 liras to the dollar. On the black market, the dollar is trading at nearly double the offici…

3 years ago·Toronto, Canada

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News 4 JAX

Syria floats new bank note amid soaring inflation

A new, 5,000 Syrian Lira bank note goes into circulation Sunday, the largest denomination in the country reeling from a decade of conflict and a crippling economic crisis. Syria’s currency has been on a downward spiral since the conflict began in 2011. Trading that year at 47 liras to the dollar, it's now officially up to trading at 1,250 liras to the dollar. On the black market, the dollar is trading at nearly double the official value. The cur…

3 years ago·Jacksonville, United States

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WKMG

Syria floats new bank note amid soaring inflation

A new, 5,000 Syrian Lira bank note goes into circulation Sunday, the largest denomination in the country reeling from a decade of conflict and a crippling economic crisis. Syria’s currency has been on a downward spiral since the conflict began in 2011. Trading that year at 47 liras to the dollar, it's now officially up to trading at 1,250 liras to the dollar. On the black market, the dollar is trading at nearly double the official value. The cur…

3 years ago·Orlando, United States

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Click on Detroit

Syria floats new bank note amid soaring inflation

A new, 5,000 Syrian Lira bank note goes into circulation Sunday, the largest denomination in the country reeling from a decade of conflict and a crippling economic crisis. Syria’s currency has been on a downward spiral since the conflict began in 2011. Trading that year at 47 liras to the dollar, it's now officially up to trading at 1,250 liras to the dollar. On the black market, the dollar is trading at nearly double the official value. The cur…

3 years ago·Detroit, United States

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