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عكس السير
Governor of the Central Bank of Syria: Replacing 80% of the Currency and Updating Regulations to Support Economic Stability
The Governor of the Central Bank of Syria, Sufaet Raslan, confirmed that the Syrian banking sector possesses a solid foundation of compliance with standards, but it needs to update its laws to align with the requirements of reconstruction and economic development. He explained that the Central Bank is working on modernizing regulations and strengthening cooperation with local and international financial institutions, implementing long-term plans to develop the sector. He also pointed out that the currency replacement process has successfully exchanged about 80% of the cash supply, and that a new monetary policy aims to stabilize the exchange rate and promote economic stability.
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