81 Days
Source:
شبكة شام الإخبارية
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Sham Economic Report June 25 2026
The Syrian pound experienced an improvement in the parallel market, with the dollar in Damascus, Aleppo, and Idlib reaching 13,725 pounds for purchase and 13,825 pounds for sale. This came after a new adjustment to the official exchange rates by the Central Bank of Syria, which lowered the value of the pound against the dollar to 118.5 for purchase and 119.5 for sale, in an attempt to control volatility and narrow the gap between the official and unofficial markets. This development is attributed to several factors, including the use of the pound in oil derivative transactions, the impact of resumed stability in international shipping, as well as speculative activities and unofficial support for the local currency. Meanwhile, gold prices declined significantly, dropping by 800 pounds per gram, continuing to be affected by global market trends. Additionally, the Central Bank announced the reopening of a branch in Raqqa and the strengthening of its services. The Syrian banking sector is also working on expanding digital financing services and supporting small projects.
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