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The exchange rate of the Syrian pound against the dollar fell on Monday economy

manhattantribune.com by manhattantribune.com
10 March 2025
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The exchange rate of the Syrian pound against the dollar fell on Monday economy
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The exchange rate of the Syrian pound against the dollar today, Monday, fell in the parallel market in the cities of Syria, while the Central Bank of Syria established the exchange rate in official transactions.

The exchange rate of the Syrian pound against the dollar in the parallel market

  • The exchange rate of the Syrian pound in Damascus, Aleppo and Idlib declined to 11 thousand and 550 thousand pounds when purchasing from 10 thousand and 900 pounds registered yesterday evening, and it decreased to 11 thousand and 350 pounds upon sale from 11 thousand and 100 pounds.
  • In Hasaka, the lira decreased to 11 thousand and 550 pounds when purchasing from 11 thousand and 200 pounds upon purchase and to 11 thousand and 750 pounds upon sale from 11 thousand and 350 pounds.

The exchange rate of the Syrian pound against the dollar today, Monday, in official transactions

The Central Bank of Syria continued to fix the exchange rate of the Syrian pound against the dollar in official transactions at 13 thousand and 200 pounds upon purchase and 13 thousand and 332 pounds upon sale, according to the bulletin issued this morning.

https://www.youtube.com/watch?v=vc4mk7ytlwc

Factors of influence on the exchange rate of the Syrian pound

  • Britain deleted 24 Syrian entities last week from the sanctions list, including the central bank, other banks and oil companies, and these entities are no longer subject to the freezing of assets.
  • The European Union suspended a package of sanctions imposed on Syria, some of which are related to energy, banks, transportation and reconstruction.
  • The United States temporarily lifted its sanctions on Syria, which opened the way for transactions with government institutions and energy transactions, and allowed the transfer of personal funds to the country, including through the Central Bank of Syria.
  • The number of employees in the country decreased after the demobilization of a large number of imaginary employees, and the solution of the previous regime’s army and its police, two sides that acquired in the years before the largest government exchange.
  • Syria received a new shipment of the local currency printed in Russia last week with expectations that more of these shipments arrive in the future, in a new indication of improving relations between Moscow and the new rulers of Syria.
Tags: dollareconomyexchangefellMondaypoundrateSyrian
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