Wednesday, August 7, 2013

Breaking currency news: US Dollar to be banned in Syria due to Conflict

As hyper-inflation eats away at the Syrian Pound and rebels use US Dollars to buy weapons (presumably), Assad has outlawed the US Dollar inside Syria.

Video from FTM Daily:

Here is another report that the Syrian banknotes are rumored to be currently produced in Moscow and are only fit to be circulated inside Syria:

UPDATE: I noticed that the Wall Street Journal has stopped listing the exchange rate of the Syrian Pound in the Commodities & Currencies section of the newspaper.  It still has Lebanon, Jordan, Bahrain, Israel, Egypt, etc.  I wonder if anyone knows the true value of the currency at this point.

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