Syrian president fires central bank chief

central-bank-of-syria
The Central Bank of Syria

Syria’s dictatorial president Bashar al-Assad has dismissed the country’s central bank governor Hazem Younes Karfoul, the state news service announced on April 13.

Syria’s currency fell sharply against the dollar on unofficial markets in March as the country’s civil war continues to wreak major economic damage, locally-based reporters said. Reuters reported that Karfoul had reacted by imposing strict limits on cash withdrawals and movements in an effort to stem the currency’s slide.  

The

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.