The exchange rate of the Syrian lira against the dollar records stability today economy

The exchange rate of the Syrian pound against the dollar stabilized today, Thursday, in the morning trading in the parallel market, while the Central Bank of Syria continued to fix the exchange rate in official transactions.

The exchange rate of the Syrian pound against the dollar in the parallel market

• The exchange rate of the dollar in the parallel market in Damascus, Aleppo and Idlib stabilized at 10 thousand and 250 dollars for purchase and 10 thousand and 375 pounds for sale, which is the level recorded yesterday evening Wednesday.
• The exchange rate in Hasaka decreased to 10 thousand and 475 pounds from 10 thousand and 425 pounds when purchasing, and decreased to 10 thousand and 575 pounds upon sale from 10 thousand and 525 pounds registered yesterday evening.

The exchange rate of the Syrian pound against the dollar in official transactions

The exchange rate of the Syrian pound against the dollar remained fixed in official transactions at 12 thousand when buying and 12 thousand and 120 pounds upon sale, according to the Central Bank of Syria bulletin issued today.

Factors affect the exchange rate of the Syrian pound

• The European Union is studying the possibility of extending the suspension of the sanctions imposed on Syria, while closely monitoring the situation in the country, according to the expression of leaders last week.
• Canada intends to reduce the sanctions imposed on Syria, and to provide new humanitarian funding for 84 million Canadian dollars ($ 58.4 million).
• During March 24, Britain deleted a Syrian entity 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 United States temporarily lifted US 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 Central Bank of Syria raised the exchange rate of the Syrian pound against the dollar to 12 thousand pounds when buying recently, and continues to install this level.
• The Central Bank of Syria allowed banks and licensed cards to pricing the lira in exchange for foreign currencies in a certain margin of a certain margin than the official price issued in the “Central” bulletins, which would compete with the parallel market.
• Syrian President Ahmed Al -Shara and the leader of what is known as the Syrian Democratic Forces (SDF) agreed to join the Syrian state, which contributes to stability in the northeast of the country.
• The number of employees in the country decreased after the demobilization of a large number of fictitious employees and the solution of the previous regime’s army and its police, two sides that have acquired the greatest amount of government exchange.