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 شبكة شام الإخبارية
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شبكة شام الإخبارية

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Syrian currency exchange hinge on old cash removal

شبكة شام الإخباريةشبكة شام الإخباريةشبكة شام الإخبارية
22 Hrs
Syrian currency exchange hinge on old cash removal
 شبكة شام الإخبارية

Source: شبكة شام الإخبارية

22 Hrs

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Sham Economic Report June 13 2026

Sham Economic Report June 13 2026

The Syrian pound experienced a further decline against the US dollar and major foreign currencies in the local market, with the exchange rate in many cities reaching approximately 14,470 pounds for buying and 14,540 pounds for selling per dollar. Despite this, the Central Bank of Syria set the official exchange rate at around 113 Syrian pounds per dollar, reflecting a significant disparity between the official and parallel markets. Gold prices also fluctuated, with the 21-karat gram reaching about 17,000 Syrian pounds amid ongoing pressures on the local currency. Meanwhile, the government is working to boost revenues and improve the financial system through tax reforms and the development of major investment projects.

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