The Mystery of the Missing Liquidity: What Is the Truth Behind the Smuggling of the New Syrian Pound Abroad?

The Mystery of the Missing Liquidity: What Is the Truth Behind the Smuggling of the New Syrian Pound Abroad?

Debate has intensified in recent weeks across Syrian society and media over what many describe as a “severe shortage” of the newly issued Syrian pound. Public attention has gravitated toward competing explanations, the most prominent of which is the claim that the currency is being smuggled abroad, at a moment when pressure on the monetary market is mounting and the liquidity crisis is deepening. As narratives diverge and rumors proliferate, the…