7 Hrs
Source:
سيريانيوز
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Central Bank Gives 755 Warnings for Unlicensed Currency Exchange
The Central Bank of Syria has conducted inspection rounds in 10 Syrian governorates in cooperation with the Ministry of Interior to regulate unlicensed currency exchange and remittance activities. These inspections resulted in 755 warnings issued to institutions and establishments engaged in currency exchange without proper licensing, covering Damascus, Rural Damascus, Aleppo, Latakia, Homs, Hama, Daraa, Deir ez-Zor, Raqqa, and Idlib. The findings confirmed violations related to unlicensed currency trading, with cases also observed of domestic remittance offices engaging in the same activity without official authorization. The Central Bank emphasized that compliance with authorized entities' licensing ensures the safety of financial transactions and underlines the need to adhere to legal regulations, especially following the rise of the dollar exchange rate in the black market to 138 Syrian pounds.
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