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Syria moves to curb foreign currency flight

The Syrian central bank has said foreign currency traffickers could face up to 15 years in jail without trial, as the pound seemed to recover slightly on the black market, but was still much weaker than before Western powers weighed military options, The Daily Star has reported. "Penalties will include temporary detention of up to 15 years for those who move foreign currencies outside the country, whether through authorised money transfer companies or through border crossings," said central bank governor, Adib Mayaleh. "[Penalties will also include] a fine equivalent to three times the amount of the transfer and not below 15m Syrian pounds," Mayaleh added.