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The stability of the exchange rate of the Syrian pound against the dollar, the euro, the Turkish lira and the gold rises economy

manhattantribune.com by manhattantribune.com
11 February 2025
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The stability of the exchange rate of the Syrian pound against the dollar, the euro, the Turkish lira and the gold rises economy
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The exchange rate of the Syrian pound stabilized against the dollar, the euro and the Turkish lira during the trading today, Tuesday, in the parallel market transactions, while it was recorded stability in official transactions, according to the Central Bank of Syria.

The exchange rate of the Syrian lira against the dollar in the parallel market transactions

  • The exchange rate of the Syrian pound stabilized against the dollar in Damascus and Aleppo at 9800 pounds when purchasing, 10 thousand and 100 pounds upon sale, which are recorded yesterday evening.
  • In Idlib, the Syrian pound against the dollar fell to 10,000 from 9700 registered yesterday evening when purchasing, while when the sale decreased to 10 thousand and 200 pounds from 9900 pounds registered yesterday.
  • In Hasaka, the Syrian pound against the dollar fell to 9,800 pounds from 9700 records yesterday evening when purchasing, and it decreased from the sale to 10,000 pounds from 9900 registrations yesterday evening.

The exchange rate of the Syrian lira against the euro in the parallel market transactions

  • The exchange rate of the Syrian pound stabilized against the euro in Damascus and Aleppo at 10 thousand and 109 pounds when buying, and 10 thousand and 423 pounds upon sale.
  • In Idlib, the Syrian pound rose in front of the euro to 10 thousand and 5 pounds from 10 thousand and 108 pounds registered yesterday evening when purchasing, while the sale price increased to 10 thousand 217 pounds upon sale from the level of 10 thousand and 319 pounds registered yesterday evening.
  • In Hasaka, the exchange rate of the Syrian pound against the euro increased to 9799 pounds from the level of 10 thousand and 104 pounds registered yesterday when purchasing, and to 10 thousand and 10 pounds when selling from the level of 10 thousand and 315 pounds upon sale.

https://www.youtube.com/watch?v=akjgftc1om

The exchange rate of the Syrian lira against the Turkish lira in the parallel market

  • The exchange rate of the Syrian pound against the Turkish lira in Damascus and Aleppo declined to 270 Syrian pounds from 265 Syrian pounds upon purchase, and upon sale the price decreased to 280 Syrian pounds from 274 Syrian pounds from the sale.
  • In Idlib, the price of the Syrian pound against the Turkish lira decreased to 273 Syrian pounds from 262 when purchasing, and the price when selling decreased to 280 pounds from 269 records yesterday evening.
  • In Hasaka, the exchange rate of the Syrian lira against the Turkish lira decreased to 267 pounds from 263 registered yesterday when purchasing, and the price of the Syrian currency fell to 275 pounds upon sale from 271 registrations yesterday evening.

The exchange rate of the Syrian lira according to the Central Bank of Syria

The exchange rate of the Syrian pound stabilized in front of the currencies according to the Central Bank of Syria bulletin issued today as follows:

  • The US dollar: 13 thousand and 200 dollars upon purchase, 13 thousand and 332 pounds upon sale.
  • euro: 13 thousand and 601 pounds upon purchase, 13 thousand and 737 pounds upon sale.
  • Turkish lira: 366.5 when purchasing and 370.16 pounds upon sale.

Gold prices in Syria

Gold prices rose during today’s dealings to the following levels:

  • 18 carat: It increased to 707 thousand pounds from 689 thousand pounds registered yesterday.
  • 21 caliber: It rose to 824 thousand pounds from 803 thousand pounds registered yesterday.
  • 24 caliber: It increased to 939 thousand pounds from 915 thousand pounds registered yesterday.

It is noteworthy that global gold prices have recorded record numbers since yesterday due to Trump’s decisions to impose customs duties on imports.

Factors influencing the exchange rate of the Syrian lira

Economists whose opinions polled Al -Jazeera Net believe that the exchange rate of the Syrian pound is affected by many factors, including:

  • The offer fell from the Syrian pound in exchange for increasing demand for it.
  • Increased cost of obtaining liquidity in the Syrian currency.
  • Determine the values ​​of cash withdrawal from banks.
  • The growth of commercial activity, which increases the demand for the Syrian pound used in the internal markets.
  • The former regime’s army and its security apparatus resolved, and the isolation of a large number of fictitious employees from state institutions, which reduced the offer of the lira in the market.
  • The external visits of Syrian President Ahmed al -Shara to Saudi Arabia and Turkey, which increased the hopes of achieving economic gains, and Sharia has received invitations to visit from many countries, including European countries.
  • European Union countries and the United States have eased their sanctions on Syria, which opened the way for dealings with government institutions and energy transactions, and allowed the transfer of personal funds to the country, including through the Central Bank of Syria.
Tags: dollareconomyeuroexchangeGoldlirapoundraterisesstabilitySyrianTurkish
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