The exchange rate of the Syrian pound against the dollar fell today, Thursday, in the parallel market in most Syrian cities, while the Central Bank of Syria has established the exchange rate in official transactions, according to a bulletin.
The exchange rate of the lira against the dollar in the parallel market
- The exchange rate of the Syrian pound in Damascus, Aleppo and Idlib decreased to 10 thousand and 400 pounds per dollar when purchasing from 10 thousand and 300 registered yesterday, while the exchange rate when the sale decreased to 10 thousand and 550 pounds from 10 thousand and 500 records yesterday.
- The price settled in Hasaka at 10 thousand and 600 pounds for purchase and 10 thousand and 800 when selling.
The exchange rate of the lira against the euro in the parallel market
- The exchange rate of the Syrian pound in Damascus, Aleppo and Idlib declined to 11 thousand and 323 pounds when purchasing from 11 thousand and 229 pounds, and at the sale decreased to 11 thousand and 490 pounds from 11 thousand and 448 pounds registered yesterday.
- The Syrian pound in Hasaka decreased to 11 thousand and 572 pounds from 11 thousand and 560 pounds registered yesterday when purchasing, and declined to 11 thousand and 793 pounds from 11 thousand and 779 pounds upon sale.
Lira exchange rates in official transactions
- The Central Bank of Syria, according to its publication issued today, established the exchange rate of the lira against the dollar at 13 thousand and 200 against the dollar when purchasing, and 13 thousand and 332 pounds upon sale.
- The exchange rate against the euro decreased to 14 thousand and 259 pounds when purchasing from 14 thousand and 21 pounds, and to 14 thousand and 402 pounds when selling from 14 thousand and 161 pounds.
https://www.youtube.com/watch?v=lyvogvzncee
Gold prices in Syria
Gold prices fell in the Syrian market as follows:
- 18 caliber: declined to 744 thousand pounds from 750 thousand yesterday.
- Caliber 21: It decreased to 868 thousand pounds from 877 thousand.
- 24 caliber: decreased to 988 thousand pounds from 998 thousand.
Factors affecting the exchange rate of the lira
- The European Union suspended a package of sanctions imposed on Syria, some of which are related to energy, banks, transportation and reconstruction.
- License of the Office for the Implementation of Financial Sanctions (OFSI) at the British Treasury Department to facilitate humanitarian activities in Syria, and to secure the access of aid to the most destructive segments despite the economic sanctions imposed on the country.
- The United States temporarily lifted its sanctions on Syria, which opened the way for transactions with government institutions and energy transactions, and allowed the transfer of personal funds to the country, including through the Central Bank of Syria.
- The number of employees in the country decreased after the demobilization of a large number of fictitious employees.
- The previous regime’s army and its police dissolved. In previous years, the largest exchange went to the branches of security and the army, and it is the one who obtained the major share of the money that moves the markets.
- The decrease in the supply of the lira against the requirements of the markets, which strengthened the increase in commercial activity.
