Food supply prices increase in al-Hasakah

Writing Kaled Abdul-hamid | Editing Mohamad Alaa | Translation Maan Salti | Translation Editing Farah Nassif 🕔 Publication Date: January 31, 2019, 3:54:12 PM wire ECONOMY & BUSINESS Economic

Al-Hasakah - SMART

The prices of food supplies increased in al-Hasakah governorate, Northeastern Syria, especially the price of rice, which increased by 25 percent, due to a decline in the Syrian pound exchange rate against the United States dollar.

Ahmad Abu Jano, a shop owner from the city of al-Qamishli, told SMART that the price of rice reached 750 Syrian pounds per kilogram, while the sugar price reached 14,500 SYP per 50 kilograms, increasing by 14.17 percent. Abu Jano said that the price of bulgur increased by 50 SYP, reaching 350 SYP per kilogram, and the price of vegetable oil reached 2,100 SYP, increasing by 13.5 percent. Abu Jano also said that price of ghee increased by 150 SYP, reaching 1,500 per two kilograms, the price of tomato paste increased by 16.16 percent, and the prices of detergents increased by 13.33 percent.

The exchange rate of the Syrian pound against the US dollar declined, reaching 515 SYP per one dollar, after it was 497 last week, according to an exchange shop owner, Kaniwar al-Amin.

Al-Amin said that the two most important factors that caused the exchange rate decline are the Turkish threats of a military operation in the area east of the Euphrates River, and the high demand for dollar bills in the Damascus, Aleppo, and Idlib governorates' markets. Al-Amin said that dollar bills have been pulled out of the al-Hasakah markets, without clarifying the details.

Earlier, The Turkish President Recep Tayyip Erdogan said that Turkey will launch a military operation against the Kurdish People's Protection Units in the area east of the Euphrates within days, to announce later the postponing of the operation to "an unlimited time," after the US announced withdrawing forces from the region.

In its report published on Jan. 28, 2019, the United Nations Food and Agricultural Organization (FAO) said that more than 10 thousand Syrians suffer from conditions that may expose them to hunger.

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Writing Kaled Abdul-hamid | Editing Mohamad Alaa | Translation Maan Salti | Translation Editing Farah Nassif 🕔 Publication Date: January 31, 2019, 3:54:12 PM wire ECONOMY & BUSINESS Economic
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