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Syrian pound weakens against foreign currencies
On Monday, the Syrian Pound’s exchange rate fell to approximately 142.50 pounds for selling and 141.50 for buying against the dollar, marking declines compared to September levels (132.20 pounds for selling and 131.80 for buying). The Central Bank of Syria continues to peg the official exchange rate at 122.50 pounds for selling and 121.50 for buying. The currency’s decline since June (reaching 145.60 for selling and 145 for buying) has led to a record depreciation, with its value at the end of 2024 exceeding eighteen thousand old Syrian pounds (equivalent to 150 new pounds).
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