39 Days
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شبكة شام الإخبارية
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Procedural Challenges in Damascus as Deadline Nears for Replacing Old Currency Denominations
Damascus is facing procedural challenges in implementing the Central Bank of Syria's decision to replace the old currency before the deadline. The completion rate has reached approximately 80%, but regulatory obstacles—despite the extension of the deadline until July 30, 2026—have led to the emergence of parallel markets and difficulties for citizens, especially in exchanging small denominations and meeting banks' requirements. This has impacted the market and daily transactions, resulting in exploitation by the black market.
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