10 Hrs
Source:
شبكة شام الإخبارية
Syrian markets slow amid economic pressures
The Syrian markets are experiencing an economic stagnation due to exchange rate fluctuations and rising production costs, which have led to a erosion of purchasing power and a decline in sales across various commercial sectors. This situation worsened after the Lebanese pound's value dropped to around 145 pounds per dollar following Eid al-Adha, leaving demand concentrated only on essentials. Traders and consumers are suffering from weak demand, and the risks have increased to the point where some establishments have closed down. Amid government efforts to stabilize markets and improve oversight, experts emphasize that market stability requires genuine monetary stability and incentives to boost production.
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