The exchange rate of the Syrian pound against the dollar today, Wednesday, fell in the parallel market transactions in the Syrian cities, while the Central Bank of Syria has established the exchange rate in official transactions.
The exchange rate of the Syrian lira in the parallel market
- The exchange rate of the lira in Damascus, Aleppo and Idlib decreased to 11 thousand and 700 pounds when purchasing from 11 thousand and 550, and it decreased to 11 thousand and 800 pounds from 11 thousand and 650 pounds upon sale, registered yesterday evening.
- In Hasaka, the exchange rate of the Syrian pound decreased to 12 thousand pounds when purchasing from 11 thousand and 775 pounds, and it decreased to 12 thousand and 100 pounds from 11 thousand and 875 pounds upon sale.
The Syrian pound fell against the dollar (Getty Imags)
The exchange rate of the Syrian lira in official transactions
The Central Bank of Syria continues to install the exchange rate of the Syrian pound in official transactions against the dollar at 12 thousand when purchasing, and 12 thousand and 120 pounds upon sale, according to the sources published today, Wednesday.
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Factors affecting the exchange rate of the Syrian lira
- Qatar and Saudi Arabia intend to pay the arrears of Syria to the World Bank of about $ 15 million, which paves the way for the approval of millions of dollars grants for reconstruction and public sector support.
- 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 list of sanctions, including the central bank and banks and oil companies, and this raised the freezing of assets.
- The European Union is studying the extension of the suspension of sanctions, indicating its accurate follow -up of the developments of the Syrian situation.
- The United States temporarily suspended some sanctions imposed on Syria, and this allowed to conduct transactions 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 has 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.