Wholesalers debts paralyze food market in Homs ...Syria

Enab Baladi – Orwah al-Mundhir The food and supply sector in the markets of the central city of Homs suffers from stagnation due to the daily fluctuations in the exchange rate of the Syrian pound against the dollar, as wholesale companies have stopped distribution, pending new bulletins of the exchange rate by the Central Bank. The “debt book” is considered essential in the foodstuff trade sector, and wholesalers give semi-wholesale merchants the goods on credit and from them to the owners of groceries in the same way, and the debts are collected in installments after selling the goods. The fluctuation of the exchange rate and the imbalance in the markets forced merchants to claim th

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Wholesalers debts paralyze food market in Homs ...Syria

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