Syrian pound hits June high against dollar

The exchange rate of the US dollar against the Syrian pound in the black market has declined to its lowest levels since June, dropping by more than 350 pounds to approach 13,000 pounds. This comes amid a slowdown in demand for foreign currencies. Meanwhile, the dollar's rate at the Central Bank remained steady at around 11,300 pounds, unchanged since the beginning of the year, with expectations of limited fluctuations between 40 and 50 pounds due to supply and demand factors, as well as economic and geopolitical tensions.

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