Sunday, September 25, 2011

Central Bank of Syria trying to protect its foreign assets

According to reports from informed sources, the Central Bank of Syria transferred assets from its accounts in Jordan, fearing a decision by the United Nations to freeze the Syrian regime?s funds. The Jordanian newspaper ?Arabs Today? added that the financial transactions made by the Syrian Central Bank this month were to transfer balances from the dollar to other currencies, as well as cash withdrawals and transfers from Jordanian banks to Syria.

Syrian president
� 2011 Al Bawaba (www.albawaba.com)

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Source: http://www.albawaba.com/business/central-bank-syria-trying-protect-its-foreign-assets-393415

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