Many factors determine the value of any currency in the world

There are many factors that determine the value of any currency in the world, especially economic factors, where the value and strength of the currency is based on the size of monetary reserves, production and export capacity of the country, as well as political and military factors, and after the recent decline in the Syrian pound against the dollar, Industry and Trade Executive measures for the initiative of the Syrian business sector to support the local currency lira, where these unions held a meeting held at the Sheraton Damascus Hotel with the Governor of the Central Bank of Syria, Dr. Hazem Qarful to discuss "the initiative of the Syrian business sector to stand by Lira, who stressed that the initiative is linked to the level of challenges facing the Syrian economy and the private sector as part of the national economy is concerned with confronting the economic war really and not saying, as he pointed out that this initiative comes to emphasize the role of the business sector in strengthening the strength of the national currency, a serious initiative and there Factors that will be positively reflected if exploited.
 
Mr. Louay Nahlawi, Vice-President of the Chamber, Ghazwan Al-Masri, Secretary, Hossam Abdeen, Member of the Board of Directors, Board of Directors Talal Qala'i Ji, Mohammad Akram Al-Hallak, Marwa Al-Eitouni and Hossam Al-Tair.
 
Source: Damascus Chamber of Industry and its countryside

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