The exchange rate of the Syrian pound against the dollar today, Sunday, fell in the market transactions parallel to the Syrian cities, while the Central Bank of Syria continued to fix the exchange rate in official transactions.
The exchange rate of the Syrian lira in the parallel market
- The exchange rate of the Syrian pound in Damascus, Aleppo and Idlib decreased to 11 thousand and 575 pounds from 11 thousand and 450 pounds upon purchase and to 11 thousand and 675 pounds from 11 thousand and 550 pounds upon sale.
- The exchange rate of the Syrian pound in Hasaka decreased to 11 thousand and 600 pounds when purchasing from 11 thousand and 450 pounds upon purchase and to 11 thousand and 700 pounds from 11 thousand and 550 pounds upon sale.
The exchange rate of the Syrian lira in official transactions
The Central Bank of Syria has established the exchange rate of the lira against the dollar at 12 thousand when buying, and 12 thousand and 120 pounds upon sale, according to its publication issued today, Sunday.
https://www.youtube.com/watch?v=tmb53kirqic
Factors affecting the exchange rate of the Syrian lira
- Last Thursday, Britain raised the freezing of assets, which was imposed on the Syrian defense and interior ministries and a number of intelligence services, and last month removed 24 Syrian entities from the sanctions list, including the central bank and banks and oil companies, and this raised the freezing of assets.
- The European Union considers the extension of the suspension of sanctions, noting its accurate follow -up of the developments of the Syrian situation.
- Canada is considering reducing its sanctions on Syria, and announced its intention to provide humanitarian aid with 84 million Canadian dollars (about 58.4 million US dollars).
- The United States temporarily suspended some sanctions imposed on Syria, and this allowed dealing with government institutions and the energy sector, and also allowed the transfer of personal funds, even from the Central Bank of Syria.
- Syrian Finance Minister Mohamed Yusr Burniyah announced last Wednesday that the International Monetary Fund appointed Ron van Roden to be the first president of the Fund’s mission to Syria in 14 years.
- The Central Bank of Syria raised the official exchange rate of the wira against the dollar to 12 thousand pounds when purchasing, and this level is still proven.
- The central bank of banks and licensed exchange companies allowed to determine exchange rates within a specific margin of the official price.
- Syrian President Ahmed Al -Shara, Abdel -Qader Al -Huhair, appointed a new ruler of the central bank, succeeding Maysa Sabreen.
- The number of employees in state institutions witnessed a significant decline in the demobilization of the fictitious employees and the dissolution of the army of the previous regime and its police, the two sides that were consuming the major share of government spending.
