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A slight increase in the exchange rate of the Syrian pound against the dollar today, Tuesday economy

manhattantribune.com by manhattantribune.com
15 April 2025
in Business
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A slight increase in the exchange rate of the Syrian pound against the dollar today, Tuesday economy
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4/15/2025–|Last update: 4/15/202501:28 PM (Mecca time)

The exchange rate of the Syrian pound against the dollar – today, on Tuesday, increased in an inconvenience in the market transactions parallel to the Syrian cities, while the Central Bank of Syria continued to fix the price in official transactions.

https://www.youtube.com/watch?v=Zze95d7izik

The exchange rate of the Syrian lira in the parallel market

  • The exchange rate of the Syrian pound in Damascus, Aleppo and Idlib increased to 10 thousand and 900 pounds when purchasing from 10 thousand and 925 pounds registered yesterday evening, and it rose to 11 thousand from 11 thousand and 25 pounds.
  • The exchange rate of the lira in Al -Hasakah increased to 11 thousand and 50 pounds when purchasing from 11 thousand and 100 pounds registered yesterday evening, and the exchange rate when selling increased to 11 thousand and 150 pounds from 11 thousand and 200 registrations yesterday evening.

The exchange rate of the Syrian lira in official transactions

The Central Bank of Syria continues to stabilize 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.

Factors affect the exchange rate of the lira

  • The United States temporarily suspended 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.
  • The European Union considers the possibility of extending the suspension of sanctions imposed on Syria, while closely monitoring the situation in Syria, according to the expression of leaders from the bloc last month.
  • Canada is considering reducing the sanctions imposed on Syria, and providing new funding for humanitarian aid with 84 million Canadian dollars ($ 58.4 million).
  • Last month, Britain 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.
  • Syrian President Ahmed Al -Shara was appointed a new ruler of the central bank, Abdul Qadir Al -Huhair, after weeks of Maysa Sabreen submitted her resignation from the position.
  • 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.
  • The number of employees in the country decreased significantly after the demobilization of the 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.
Tags: dollareconomyexchangeincreasepoundrateslightSyriantodayTuesday
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