Iran Gives Syria an Economic Boost

Iran is stepping in to help Syria stabilize the value of its currency, which has been dropping sharply since U.S. President Barack Obama decided to start giving weapons to the anti-government rebels.
Iran’s intervention was announced this week by Syria’s central bank, which said it would draw on a billion-dollar line of credit set up by Tehran to stabilize the Syrian pound.
The Syrian rebels have been fighting to oust Assad for the past two years in a civil war that has taken …

Powered by WPeMatico

This entry was posted in Business. Bookmark the permalink.

Comments are closed.