18 Hrs
 شبكة شام الإخبارية
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شبكة شام الإخبارية

2026-08-20T13:20:55.191Z

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Sham Economic Report August 20, 2026

Sham Economic Report August 20, 2026

On Thursday, August 20, 2026, the Syrian pound experienced relative stability, with exchange rates in the parallel market remaining close to the levels at the end of the previous day. The dollar traded at approximately 132.25 pounds for buying and 132.75 pounds for selling in the black market, compared to a official rate of 122 pounds, with fluctuations observed between the two markets. Gold prices also remained stable compared to yesterday, with a gram of 24-karat gold costing around 18,950 pounds. The movement of precious metals continues to be linked to developments in global markets and exchange rates. As part of efforts to combat financial crimes, the government has included a plan to update its strategy for anti-money laundering and counter-terrorism financing in preparation for the evaluation in 2027. Syria continues to improve its economic infrastructure through transportation projects, industrial sector development, investment support, and regulation of the local market, especially essential food prices. Additionally, some sectors, such as poultry, saw price increases driven by supply and demand factors.

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