The exchange rate of the Syrian pound against the dollar today, Sunday, decreased in parallel market transactions in the Syrian cities during today’s dealings, while the Central Bank of Syria continued to fix the exchange rate in official transactions.
The exchange rate of the lira in the parallel market
- The exchange rate of the lira fell to 10 thousand and 100 dollars in Damascus, Aleppo and Idlib upon purchase from 10 thousand and 50 pounds registered yesterday evening, and it decreased upon the sale to 10 thousand and 250 pounds from 10 thousand and 200 pounds.
- The exchange rate in Hasaka stabilized at 10 thousand and 600 pounds when purchasing, 10 thousand and 750 pounds upon sale.
The exchange rate of the Syrian pound against the dollar today 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 when purchasing, and 13 thousand and 332 pounds upon sale.
Factors affect the exchange rate of the lira
- Canada announced last week plans to reduce the sanctions imposed on Syria in the transitional period, and to provide new humanitarian funding for 84 million Canadian dollars ($ 58.4 million).
- During the current month, Britain deleted 24 Syrian entities 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 announced the suspension of a sanctions package imposed on Syria, some of which are linked to energy, banks, transportation and reconstruction.
- The United States temporarily lifted US sanctions on Syria, which opened the door to dealings with government institutions and energy transactions, and allowed the transfer of personal funds to the country, including through the Central Bank of Syria.
- Syrian President Ahmed al -Shara and the leader of what is known as the Syrian Democratic Forces (SDF) signed an agreement stipulating joining the Syrian state, and this contributes to achieving stability in eastern Syria.
- The number of employees in the country decreased after the demobilization of a large number of imaginary employees, and the previous regime’s army and its police, two sides that have acquired the greatest amount of government exchange.