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Nalezeno "Syrian": 11

Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With China


BRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called for using the Chinese yuan for cross-border trade....

Report: Syrian Central Bank Devalues Local Currency by Nearly 50%


The Syrian central bank recently announced the nearly 50% devaluation of the Syrian pound’s exchange rate versus the greenback from 3,015 per dollar to 4,522 per dollar. The central bank also warned currency speculators that it will take steps to end activities that undermine the stability...

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