Syrian dictator appoints new central bank governor
Authorities halve official value of Syrian pound as civil war continues to damage economy
Syria’s president Bashar al-Assad appointed a new central bank chief today (April 21), days after firing his predecessor and then sharply devaluing the country’s currency.
The Syrian state-owned news agency Sana reported that Assad had promoted Muhammad Issam Hazima to be governor of the Central Bank of Syria. Hazima was the central bank’s second deputy governor and also a member of Syria’s securities commission, Reuters reported.
Syria has been gripped by civil war between pro- and anti
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