Authorities continue pumping USD at local markets

Damascus, SANA- The concerned authorities on Tuesday continued pumping foreign currency in the local markets at the price of SYP 318 against USD, a special source told SANA.

On Monday, Authorities pumped USD at local market at SYP 322.

Meanwhile, the source added that authorities arrested a number of black market currency dealers.

Pumping foreign currency will by a daily process as the step is a part of the efforts exerted by the government to stabilize the SYP exchange rate and the foreign currency market the source said Monday.

Authorities called upon citizens to receive and send their transfers legally in order not to be prosecuted.
R.J/ Barry

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