Huge Jordanian demand on Syrian pound

Jordan

Published: 2018-10-21 12:02

Last Updated: 2018-10-21 14:59


JOCC warns citizens against politically controlled exchange rates
JOCC warns citizens against politically controlled exchange rates
Roya News Source

The official representative of Jordan’s Chamber of Commerce (JOCC), Ala Deranieh, said on Sunday, October 21, 2018, that the demand for the Syrian Pound has highly risen, to reach 100% in some areas near the Syrian border.

Deranieh told Roya that there is justified and unjustified demand, based on hopes of improvement in the exchange rate, and that precaution must be practiced.

Deranieh explained that politics and field factors are controlling the exchange rates, not economics.

He called on citizens not to exaggerate in the purchase of the Syrian pound, and keep monitoring the ground situation.

The exchange rate of the Syrian pound is now 625 against the Jordanian Dinar.