Wattad “raises fuel prices in northern Syria
The “Wattad” company raised fuel prices in Idlib governorate, justifying this by the devaluation of the Turkish lira.
On Sunday, the company set the new price list, as the price of a liter of imported diesel increased to 6.11 Turkish liras, while the price of refined diesel rose to 4.35 Turkish liras.
The new price increase also included imported gasoline, so that the price per liter became 6.39 Turkish liras, and the price of a household gas cylinder increased to 90 Turkish liras.
This rise in fuel prices comes after a price stagnation for more than two weeks, as the “wattad” justified that rise by the depreciation of the Turkish lira against the US dollar.
“Wattad” links the rise in fuel prices to the Turkish lira’s exchange rate against the US dollar, as it relies on the Turkish lira in pricing fuel, after the Syrian pound collapsed to record levels against foreign currencies.