The exchange rate of the Syrian pound against the dollar increased today, Monday, in the parallel market in the Syrian cities, while the Central Bank of Syria has 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 increased to 10 thousand and 50 pounds for the dollar when purchasing from 10 thousand and 125 pounds, according to yesterday evening, while at the sale increased to 10 thousand and 200 pounds from 10 and 250 pounds yesterday.
- In Hasaka, the exchange rate of the Syrian currency increased to 10 thousand and 250 pounds when purchasing from 10 thousand and 300 pounds, according to yesterday evening, while at the sale increased to 10 thousand and 350 pounds from 10 thousand and 400 pounds yesterday.
The exchange rate of the Syrian pound against the dollar in official transactions
The Central Bank of Syria has established the exchange rate of the Syrian pound against the dollar in official transactions at 12 thousand when purchasing and 12 thousand and 120 pounds upon sale.
https://www.youtube.com/watch?v=Zze95d7izik
Factors affecting the exchange rate of the Syrian lira
Local factors:
- The Central Bank of Syria reduced the exchange rate of the Syrian pound against the dollar to 12 thousand pounds.
- The Central Bank of Syria allowed banks and licensed cards to pricing the lira in exchange for foreign currencies in a certain margin of a certain margin than the official price issued in the “Central” bulletins, and this would compete with the parallel market.
- Signature of Syrian President Ahmed Al -Shara And the leader of what is known as the Syrian Democratic Forces (SDF) is oppressed by an agreement stipulating joining the Syrian state, which contributes to stability in northeastern Syria.
- The number of employees in the country decreased after the demobilization of a large number of fictitious employees and the solution of the previous regime’s army and its police, two sides that have acquired during the past years the greatest amount of government exchange.
International factors:
- The European Union continues to study the possibility of extending the suspension of sanctions imposed on Syria while closely monitoring the situation in the country, according to leaders last week.
- Canada plans to reduce the sanctions imposed on Syria in the transitional period, and to provide new funding for humanitarian aid with 84 million Canadian dollars ($ 58.4 million).
- During this month, Britain deleted 24 Syrian entity 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 United States temporarily raised US sanctions on Syria, which opened the door for dealings with government institutions and energy transactions, and allowed the transfer of personal funds to the country, including the Central Bank of Syria.
