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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	War-torn Syria's central bank warned Tuesday it would clamp down on currency "manipulators" as the value of the Syrian pound hit record lows against the dollar this week. In a statement, it said it "will not fail to take action against manipulators of the Syrian pound, including institutions, companies and individuals." It said it is taking "all necessary measures to regulate" the market exchange rate and has tasked authorities to supervise operations of money transfer and currency exchange offices. The statement came after the Syrian pound hit record lows against the dollar in the black market this week, while the official rate remains fixed at 700. On Tuesday, it sold for 1,650 to the greenback, according to an AFP correspondent in Damascus. The central bank said its crackdown comes as a result of a "large drop in the value of the Syrian pound recently." It blamed the crisis on "manipulators of the Syrian pound who exploited" a coronavirus lockdown and its economic consequences to reap profits. After nine years of war, Syria is in the thick of a serious economic downturn compounded by a COVID-19 outbreak and a dollar liquidity crunch in neighbouring Lebanon. Most of Syria's population lives in poverty, according to the United Nations, and food prices have doubled across the country over the past year. mam-lar/ho/lc
schema:headline	Syria central banks warns against currency 'manipulation'
schema:mentions	The Statement (film) Black market Syrian Civil War 2020 coronavirus outbreak in Singapore Damascus Exchange rate Agence France-Presse Lebanon Currency Warini United States dollar Poverty United Nations Lockdown Severe acute respiratory syndrome coronavirus 2 Syrian pound United States Note Market liquidity
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-05-19 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	81 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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