17 Hrs
 شبكة شام الإخبارية
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شبكة شام الإخبارية

2026-08-08T10:51:26.757Z

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 شبكة شام الإخبارية

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Sham Economic Report August 8, 2026

Sham Economic Report August 8, 2026

On Saturday, August 8, 2026, the Syrian pound experienced slight fluctuations against the US dollar and foreign currencies. The exchange rate on the parallel market stood at approximately 130.25 pounds for buying and 130.75 pounds for selling, compared to the official rate of around 122 pounds, indicating a discrepancy between the two markets. Gold prices continued their upward trend, with the price of a 21-karat gram rising to 15,750 pounds in the local market, as the precious metal remains an important hedge despite fluctuations in global prices. Additionally, the government announced that it has received a grant of $100 million from the World Bank to support the modernization of Syria's financial sector, aiming to improve financial infrastructure and promote financial inclusion as part of the ongoing economic reform and development efforts in the country.

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