VOL. XLV
No 39
30-September-2002
SYRIA
Syrian EconomyMinister Blames Slide In Value Of Currency On RegionalFactors
The Syrian Minister of Economy and Foreign Trade, Ghassan al-Rifa'i, has said thatthe sudden depreciation of over 10% in the value of the Syrian Pound againstthe US Dollar in the week ending on 20 September was caused by the threat of apossible US attack on Iraq rather than by domestic economicfundamentals in Syria. Lebanese currency dealers havereported that some Syrians have taken...
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