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The Syrian Central Bank sets the exchange rate of the lira at 15,000 against the dollar economy

manhattantribune.com by manhattantribune.com
18 December 2024
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The Syrian Central Bank sets the exchange rate of the lira at 15,000 against the dollar economy
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The Central Bank of Syria set the exchange rate of the lira at 15,000 against the dollar in the third statement since the overthrow of the regime of ousted President Bashar al-Assad.

This came in a bulletin issued by the bank and published on its website, which includes the exchange rates of more than 30 currencies against the Syrian pound, including the Turkish lira and the euro.

The exchange rate of the lira specified in today’s session did not change from that announced in yesterday’s session, Tuesday, compared to 12.5 thousand pounds per dollar in last Monday’s session, according to data from the Central Bank of Syria.

The Syrians hope to restore stability to exchange rates, amid expectations of an increase in the pace of foreign exchange entry by those returning to the country, especially from Jordan, Lebanon and some European countries.

In June 2011, Syria’s total gold reserves amounted to about 25.8 tons, the current value of which is approximately $2.23 billion, according to the latest disclosure indicated by the World Gold Council.

The fate of the reserve after that date is not known.

Currency rates (Central Bank of Syria via Telegram)

Automated teller machines and electronic payment

In a related context, the Central Bank of Syria announced on Wednesday the restart of ATMs with the addition of electronic payment services, calling on citizens to cooperate with banks to obtain their legally guaranteed dues.

The Central Bank stated in a statement to those dealing with banks that it published on its Telegram channel today that, within the framework of monitoring the work of banks and based on the recent economic changes related to the liberalization process and a desire to monitor and control cash liquidity in the market, operating banks were directed to follow up on withdrawal operations, including withdrawals. Through ATMs during the past two days

The Central Bank confirmed that the current measures are temporary and will be removed gradually with the aim of providing integrated banking services that meet the needs of customers.

Tags: BankcentraldollareconomyexchangeliraratesetsSyrian
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