The exchange rate of the Syrian pound against the US dollar increased, today, Thursday, slightly in the parallel market in the Syrian cities, while the Central Bank of Syria has established the price of 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 increased in the parallel market transactions in Damascus, Aleppo and Idlib to 10 thousand and 350 pounds when purchasing, from 10 thousand and 400 pounds yesterday evening, and the price at the sale increased to 10 thousand and 500 pounds, from 10 thousand and 550 pounds.
- In Hasaka, the Syrian pound rose to 10 thousand and 500 pounds, from 10 thousand and 600 pounds against the dollar when buying, and to 10 thousand and 750 pounds, from 10 thousand and 850 pounds upon sale.
The exchange rate of the Syrian pound against the dollar in official transactions
The Central Bank of Syria has established the exchange rate of the Syrian pound in official transactions at 13 thousand and 200 pounds upon purchase and 13 thousand and 332 pounds upon sale.
https://www.youtube.com/watch?v=7y8xvohfrlu
Factors affecting the exchange rate of the Syrian lira
Lifting or suspending sanctions on Syria
- Canada’s plans, which it 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 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 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 for dealings with government institutions and energy transactions, and allowed the transfer of personal funds to the country, including the Central Bank of Syria.
Internal developments
- The signature of Syrian President Ahmed al -Shara and the leader of what is known as the Syrian Democratic Forces (SDF) is 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.
