“‘It is prohibited to make payments, reimbursements, commercial transactions and any other commercial operation in foreign currency or in precious stones,’ SANA quoted the decree as saying. ‘The Syrian lira is the only currency’ allowed in business and commerce, it added. Those breaking the law risk jail sentences from between six months to 10 years of hard labour, depending on the sum involved, and will be fined. The US dollar is the preferred foreign currency in Syria where the lira has lost three quarters of its value against the greenback since the outbreak of the anti-regime uprising more than two years ago.”

http://www.france24.com/en/20130804-syrias-assad-bans-foreign-currency-transactions

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy