81 Days
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شبكة شام الإخبارية
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Syrian Pound Movements Spark Market Watch
The Syrian markets have experienced varying exchange rates for the lira against the dollar. The Central Bank raised the official exchange rate to 118.5 lira for purchase and 119.5 lira for sale, while reducing the fluctuation margin from 15% to 9% in an effort to control volatility. Despite this, the parallel market showed an improvement in the value of the lira. However, forecasts indicate that stability or a decrease in prices will depend on the stability of the exchange rate, improvements in economic conditions, and the implementation of effective reforms, all amid ongoing structural pressures on the Syrian economy.
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