The exchange rate of the Syrian pound against the dollar – today, Sunday, stabilized in the parallel market transactions in 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 against the dollar settled at 12 thousand when purchasing in the cities of Damascus, Aleppo, Idlib and 12 thousand and 100 when selling, which are the levels recorded yesterday evening.
- The price of the lira in Al -Hasakah fell to 12 thousand and 450 against the dollar when purchasing from 12 thousand and 350 pounds registered yesterday evening, and when the sale decreased to 12 thousand and 550 pounds from 12 thousand and 450 pounds.
The exchange rate of the Syrian lira in official transactions
The “Central” 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.
Factors affecting the exchange rate of the Syrian 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.
- The European Union considers the possibility of extending the suspension of sanctions imposed on Syria, while closely monitoring the situation in this country, according to the expression of the leaders of the bloc last month.
- 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 -Sharaa appointed a new ruler of the central bank, Abdul Qadir Al -Huhair, weeks after Maysa Sabreen submitted her resignation.
- 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.
