As one of the world‘s most influential business hubs, the Middle East requires expert attention. Business Extra provides those experts, as well as news and insights from The National‘s esteemed team of business editors and reporters, who are on top of the markets, technology, the energy sector and more.
All content for Business Extra is the property of The National News and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
As one of the world‘s most influential business hubs, the Middle East requires expert attention. Business Extra provides those experts, as well as news and insights from The National‘s esteemed team of business editors and reporters, who are on top of the markets, technology, the energy sector and more.
What will Syria’s revalued currency mean for its economy?
Business Extra
19 minutes 55 seconds
2 months ago
What will Syria’s revalued currency mean for its economy?
Syria’s central bank has announced plans for a currency overhaul that will involve eliminating two zeros from its pound and printing new banknotes.
The Syrian pound has lost more than 99 per cent of its value since the start of the civil war in 2011, and economists are warning that a new currency means little without real policy reform.
In this week’s episode of Business Extra, host Salim Essaid looks at Syria's move, considers what it means for the economy and questions whether it will work.
He is joined by Hani Abuagla, senior market analyst at XTB Mena in the UAE, and The National’s Senior Business Reporter Fareed Rahman.
Business Extra
As one of the world‘s most influential business hubs, the Middle East requires expert attention. Business Extra provides those experts, as well as news and insights from The National‘s esteemed team of business editors and reporters, who are on top of the markets, technology, the energy sector and more.
