The exchange rate of the Syrian pound against the dollar today, Thursday, decreased slightly in the parallel market transactions in the Syrian cities, while the Central Bank of Syria established the exchange rate in official transactions.
The exchange rate of the Syrian lira in the parallel market
- The exchange rate of the Syrian pound against the dollar in Damascus, Aleppo and Idlib declined to 12 thousand and 50 pounds from 12 thousand registered yesterday when purchasing, while it decreased to 12 thousand and 150 pounds upon sale from 12 thousand and 100 pounds.
- In Hasaka, the exchange rate of the lira decreased to 12 thousand and 550 pounds from 12 thousand and 250 pounds upon purchase, while at the sale declined to 12 thousand and 650 pounds from 12 thousand and 350 pounds.
The exchange rate of the Syrian lira in official transactions
The Central Bank of Syria continues to install the exchange rate of the lira in official transactions at 12 thousand when purchasing and 12 thousand and 120 pounds upon sale, according to the bulletin issued this morning Thursday.
Factors affecting the exchange rate of the Syrian lira
- The United States temporarily suspended sanctions on Syria, which allowed dealing with government institutions and energy transactions, and allowed the transfer of personal funds to the country, including the central bank.
- Britain recently removed 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 “Central” raised the exchange rate of the lira against the dollar to 12 thousand pounds when buying recently, and continues to install this level.
- The “Central” allowed the banks and the licensed exchanges to prosecut the lira in exchange for foreign currencies, which increases or decreases with a certain margin than the official price issued in the “bank” bulletins, which constitutes a competition for the parallel market.
