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Syria’s Assad fires central bank chief amid currency failures

Central Bank of Syria
The Central Bank of Syria in Damascus' Sabaa Bahrat Square is seen on June 17, 2020. — LOUAI BESHARA/AFP via Getty Images

Syrian President Bashar al-Assad fired the head of the country’s central bank, Hazem Karfoul, on Tuesday.

Syrian state-run media did not offer reasons for the dismissal, but it comes as the country’s currency continues to collapse amid US and international sanctions and an economic crisis in neighboring Lebanon.

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