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Source: https://www.fdd.org/analysis/2020/04/21/covid-19-and-the-economy-in-regime-held-syria/
Covid-19 Strikes the Syrian Economy
(Foundation for Defense of Democracies) David Adesnik - One year ago, the Syrian pound traded at less than 600 to the dollar, whereas it now hovers around 1,300. In mid-March, after the regime began to implement mandatory social distancing measures, including school and business closures, local media reported increases of 40-75% in the price of groceries. Lockdowns in neighboring counties have also disrupted the flow of remittances from Syrians abroad, a major source of hard currency. The writer is director of research and a senior fellow at the FDD.