This research aims to investigate the optimal exchange rate regime
in Syria during the period 1990-2010 in order to know whether the move that took place in 2007 toward more flexible exchange rate regime, through pegging the Syrian pound to the SDR
basket within margin 9%, is an optimal choice.
For that purpose, we study and analyze a number of determinants relating to the economy's structural characteristics and considered in the economic literature to have an important effect on the economic performance, and hence on the choice of the optimal
exchange rate regime.