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2026-08-02T16:44:00.000Z

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Syrian Central Bank Sets Final Currency Withdrawal Deadline

Syrian Central Bank Sets Final Currency Withdrawal Deadline

The article focused on the Central Bank of Syria's announcement regarding the start of the final phase of withdrawing the old Syrian currency, after the replacement rate exceeded 95% of the total monetary supply. It was clarified that the old currency would become invalid for use starting from July 30, 2026. Subsequently, a one-week window was designated from August 2 to August 6, 2026, for exchanging the old currency and settling its value in the new currency without any fees. After that, the withdrawal process will continue for five years and will be limited to the Central Bank of Syria in Damascus, with procedures established to facilitate applications through the official website, all aimed at promoting monetary stability.

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