The exchange rate of the Syrian pound against the dollar today increased slightly in the parallel market transactions in the Syrian cities, while the Central Bank of Syria continued to stabilize the currency price in official transactions against the dollar.
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 10 thousand and 350 pounds when purchasing from 10 thousand and 400 pounds yesterday, and to 10 thousand and 500 pounds upon sale from 10 thousand and 550 pounds yesterday.
- In Hasaka, the exchange rate recorded stability against the dollar at 10 thousand and 650 pounds when purchasing 10 thousand and 800 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.
Factors affecting the exchange rate of the Syrian 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, 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 last week eased the sanctions imposed on Syria in the transitional period, and pledged to provide new funding for humanitarian aid with 84 million Canadian dollars (58.4 million dollars).
- 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 has temporarily lifted US sanctions on Syria, and this 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, and this 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.
