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HTS allows buying and selling real estates only in Turkish Lira
[SYRIAHR] Hayyaat Tahrir al-Sham, formerly al-Nusra, before that it was called something else
...al-Qaeda's Syrian affiliate, from which sprang the Islamic State...
has issued a new decree preventing buying or selling of real estates in areas under their control in Syrian pound. In an official statement, HTS marked out the Ottoman Turkish lira as an alternative to the Syrian pound. The statement says "to all officials responsible for fund in all branches of the Real Estate General Directorate, it is prohibited to deal in the Syrian pound in the Real Estate General Directorate, and deals to be accomplished in the Ottoman Turkish currency as of Saturday the 20th of June 2020″.

On Tuesday, SOHR activists monitored large collapse in the value of the Syrian pound against foreign currency in areas under the control of Hayyaat Tahrir al-Sham and opposition factions in Idlib and surrounding countryside.

The exchange rate of the Syrian pound against the US dollar ranged in these areas between 3,000 and 3,500 SYL, creating large disparity in the exchange rate between regime-held areas and areas under the control of HTS and rebels.

According to SOHR sources, the major reasons behind the Syrian currency plunge were the adoption of the Ottoman Turkish currency in areas under the control of HTS and rebels, and the great demand for buying the Ottoman Turkish lira.

In addition, there were some merchants and currency exchange shop’s owners who deliberately left a negative impact on the Syrian currency’s value by buying and selling currency in different rates. These merchants poured the Syrian pound into regime-held areas in exchange of the US dollar, then they exchange the US dollars with the Ottoman Turkish lira.
Posted by: Fred 2020-06-19
http://www.rantburg.com/poparticle.php?ID=574728