The exchange rate of the Syrian pound against the dollar today, Sunday, fell in the parallel market transactions in the Syrian cities, while the Central Bank of Syria raised 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 Syrian pound against the dollar in Damascus, Aleppo and Idlib fell to 9900 pounds to the dollar when purchasing from 9700 pounds when purchasing registered in early trading today, and the Syrian currency decreased to 10 thousand and 200 pounds against the dollar when selling from 9900 pounds.
- In Hasaka, the lira decreased to 10 thousand and 100 pounds against the dollar from 10 thousand registered in early trading today when buying, and it decreased to 10 thousand and 300 pounds from 10 thousand and 150 pounds upon sale.
- It is worth noting that both prices registered today until the time of writing the report represents an increase in the recorded exchange rate yesterday evening, which was in the range of 10 thousand and 250 pounds for purchase and 10 thousand and 400 pounds for sale.
The exchange rate of the Syrian pound against the dollar in official transactions
The Central Bank of Syria raised the exchange rate of the Syrian pound against the dollar in official transactions to 12 thousand when purchasing from 13 thousand and 200 pounds last Thursday and to 12 thousand and 120 pounds from 13 thousand and 332 pounds.
https://www.youtube.com/watch?v=7y8xvohfrlu
Factors affecting the exchange rate of the Syrian lira
- European Union leaders said last weekend that the bloc will continue to study the possibility of extending the suspension of sanctions imposed on Syria, while closely monitoring the situation in the country.
- Canada’s recent plans to alleviate the sanctions imposed on Syria in the transitional period, and to provide new humanitarian funding for 84 million Canadian dollars ($ 58.4 million).
- During this month, Britain deleted 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.
- The United States temporarily raised 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 signature of Syrian President Ahmed al -Shara and the leader of what is known as the Syrian Democratic Forces (SDF), an agreement stipulating joining the Syrian state, which contributes to achieving stability in eastern Syria.
- 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 during the past years the greater amount of government exchange.
