The exchange rate of the Syrian pound against the dollar increased today, Monday, in the parallel market transactions in the Syrian cities, while the price remained fixed in official transactions according to the Syrian Bank’s Central Bank bulletin.
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 increased to 9950 pounds when purchasing from 10 thousand and 50 pounds registered yesterday evening, and increased to 10 thousand and 100 pounds from 10 thousand and 200 pounds upon sale.
- In Hasaka, the exchange rate of the Syrian pound increased to 10 thousand and 350 pounds from 10 thousand and 400 upon purchase and to 10 thousand and 500 pounds from 10 thousand and 550 pounds upon sale.
The exchange rate of the Syrian pound against the dollar in official transactions
The Central Bank of Syria proves the exchange rate of the Syrian pound against the dollar at 13 thousand and 200 pounds upon purchase and 13 thousand and 332 pounds upon sale according to the bulletin issued today.
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Factors affecting the exchange rate of the lira
- Canada’s plans 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).
- Britain deleted this month 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 European Union announced the suspension of a sanctions package imposed on Syria, some of which are related to energy, banks, transportation and reconstruction.
- The United States temporarily raised 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.
- 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, and what contributes to achieving stability in eastern Syria.
- The number of employees in the country decreased after the demobilization of a large number of imaginary employees, and the previous regime’s army and its police, two sides that have acquired during the past years the greatest amount of government exchange.