3/18/2025–|Last update: 3/18/202501:07 PM (Mecca time)
The exchange rate of the Syrian pound against the dollar decreased today, Tuesday, in the Syrian cities during the parallel market transactions, while the Central Bank of Syria continued to fix the price 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 declined to 10 thousand and 450 pounds from 10 thousand and 100 pounds upon purchase yesterday, Monday, and decreased to 10 thousand and 600 pounds from 10 thousand and 250 pounds upon sale.
- In Hasaka, the exchange rate of the Syrian pound decreased to 10 thousand and 800 pounds from 10 thousand and 600 pounds when purchasing, and to 10 thousand and 950 pounds from 10 thousand and 750 pounds upon sale.
The exchange rate of the Syrian pound against the dollar in official transactions
The Central Bank of Syria continued to fix the exchange rate of the Syrian pound against the dollar at 13 thousand and 200 pounds when purchasing and 13 thousand and 332 pounds upon sale, according to the bulletin issued today, Tuesday.
https://www.youtube.com/watch?v=7y8xvohfrlu
Factors affecting the exchange rate of the lira
- The European Union and its partners pledged to provide 5.8 billion euros (6.3 billion dollars) to Syria and its neighbors, according to the foreign policy official in the European bloc yesterday, after the bloc announced the suspension of a penal package imposed on Syria, some of which are linked to energy, banks, transportation and reconstruction.
- Canada announced last week to reduce the sanctions imposed on Syria in the transitional period, and to provide new funding for humanitarian aid with 84 million Canadian dollars ($ 58.4 million).
- During this month, Britain deleted 24 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 to dealings with government institutions and energy transactions, and allowed the transfer of personal funds to the country, including through the Central Bank of Syria.
- Syrian President Ahmed al -Shara and the leader of what is known as the Syrian Democratic Forces (SDF) signed 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.