Syria starts invalidating old currency
The Central Bank of Syria announced the completion of the final phase of withdrawing the old Syrian currency, which has become invalid for use starting today after exceeding a 95% replacement rate of the monetary mass. It clarified that all denominations of the old currency have been removed from circulation, and the process of exchanging them will continue for five years exclusively through banks and postal branches, with applications submitted electronically. The old currency bore political symbols linked to the previous regime's era, especially images of the ousted President Bashar Assad and his father Hafez Assad.
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