4/24/2025–|Last update: 4/24/202501:12 PM (Mecca time)
The exchange rate of the Syrian pound against the dollar today, Thursday, fell in the market transactions parallel to the Syrian cities, while the Central Bank of Syria continued to fix the price in official transactions.
The exchange rate of the Syrian lira in the parallel market
- The exchange rate of the Syrian pound in Damascus, Aleppo and Idlib declined to 11 thousand and 425 pounds when purchasing from 11 thousand and 400 pounds registered yesterday evening, and it decreased to 11 thousand and 525 pounds from 11 thousand and 500 upon sale.
- In contrast, the exchange rate of the Syrian lira in Hasaka increased to 11 thousand and 425 pounds from 11 thousand and 450 pounds for purchase and to 11 thousand and 525 pounds from 11 thousand and 550 pounds upon sale.
The exchange rate of the Syrian lira in official transactions
The Central Bank of Syria established the exchange rate of the lira against the dollar at 12 thousand when purchasing, and 12 thousand and 120 pounds upon sale, according to its publication issued today, Thursday.
Factors affecting the exchange rate of the Syrian lira
International sanctions
- Today, Thursday, Britain raised the freezing of assets to the Syrian defense and interior ministries and a number of intelligence services last month. Last month, 24 Syrian entities removed from the sanctions list, including the Central Bank and banks and oil companies, which raised the freezing of assets.
- The European Union is studying the extension of the suspension of sanctions, noting that its accurate follow -up developments in the Syrian situation.
- Canada is considering reducing its sanctions on Syria, and announced its intention to provide humanitarian aid with 84 million Canadian dollars (about 58.4 million US dollars).
- The United States temporarily suspended some sanctions imposed on Syria, which allowed transactions with government institutions and the energy sector, and also allowed the transfer of personal funds, even from the Central Bank of Syria.
- Syrian Finance Minister Mohamed Yusr Burniyah announced yesterday that the International Monetary Fund has appointed Ron van Roden to be the first president of the fund mission to Syria in 14 years.
Internal policies
- The Central Bank of Syria raised the official exchange rate of the wira against the dollar to 12 thousand pounds when purchasing, and this level is still proven.
- The central bank of banks and licensed exchange companies allowed to determine exchange rates within a specific margin of the official price.
- Syrian President Ahmed Al -Shara, Abdel -Qader Al -Huhair, appointed a new ruler of the central bank, succeeding Maysa Sabreen.
- The number of employees in state institutions witnessed a significant decline in the demobilization of the fictitious employees and the dissolution of the army of the previous regime and its police, the two sides that were consuming the major share of government spending.