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The Central Bank of Syria: Remittances are the economy’s “lifeline” - Enab Baladi
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The Central Bank of Syria: Remittances are the economy’s “lifeline” - Enab Baladi
Abdul Qader Hasriyeh, governor of the Central Bank of Syria, described remittances to Syria as a “lifeline” for the Syrian economy, noting that transfers from the United Arab Emirates alone range between $700–800 million annually. In an interview with Sky News Arabia published Tuesday, September 16, Hasriyeh said that the exchange rate in the official market has become close to the black-market rate. The dollar currently trades at 11,580 Syrian …
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