[ad_1]
Series of steps:
According to a long article by Bloomberg about Syria and its upcoming developments
The central bank’s control over the foreign exchange market was reflected in the stability of prices that year and the fact that the lira avoided the continuous decline in previous years.
The author focuses on the experience accumulated by the central bank during difficult times, which reflects the strength of the central bank, which has enabled it to develop and influence significantly and become a major player in economic development during weak periods of the foreign exchange market.
Based on the several factors mentioned by the author, what will happen after the vault is breached?
1 – Financial transfers from Syrians flow into the central treasury.
2. The recovery of the summer tourism industry and the restoration of the tangible tourism atmosphere played an important role in foreign exchange support.
3- The return of Arab airlines to and over Syria, the opening of commercial transport between the borders, and the “expected” reconciliation between Turkey and the Syrian leadership.
This is expected to be reflected in the lira, which will be tightly controlled and steadily rise in the coming months due to the increase in the foreign currency “dollar” and the overall positive atmosphere towards Syria.
[ad_2]
Source link
