The exchange rate of the Syrian pound against the dollar increased in trading today, Wednesday, in the parallel market, amid a state of concern as a result of the confrontation between Israel And Iran, while the Central Bank of Syria has established the exchange rate in official transactions.
The Syrian pound recorded an accidental performance after it was announced US And the European Union Japan lifted sanctions on Syria, which lifted the Syrian currency from the scale of 12 thousand pounds to the dollar.
The US dollar index fell 0.1% in the latest transactions against a basket of major currencies in the world with the anticipation of the Federal Reserve (US Central) today, in addition to the repercussions of the confrontation between Israel and Iran.
The exchange rate of the Syrian pound against the dollar
- The price of the Syrian pound against the dollar increased in the parallel market in Damascus Aleppo Idlib When purchasing to 9850 from 9900 pounds, it also increased when selling to 9950 from 10,000 pounds per dollar yesterday evening and morning today.
- in Hasaka Increase Exchange rate To 10 thousand pounds when purchasing from 10 thousand and 50 pounds, and the price when selling increased to 10 thousand and 100 pounds against the dollar from 10 thousand and 150 pounds.
- The Central Bank of Syria has established the exchange rate of the lira in official transactions at 11 thousand for purchase and 11 thousand and 110 pounds when selling.
The exchange rate of the Syrian lira is increasing by 50 pounds for each dollar in the parallel market (Getty)
IMF
He visited a team from International Monetary Fund During the current month, Syria for the first time since 2009 to assess the economic and financial conditions in the country, and said that Syria will need great international assistance to support the authorities’ efforts to rehabilitate the economy.
Syria is heading towards floating a orbit for its currency, a governor said Central Bank The Syrian Abdel Qader is exclusive to the British Financial Times this month.
The orbit floating means intervention Central Bank In the markets selling foreign currency or purchase in specific cases, sometimes it includes altitudes or significant decreases in the exchange rate or extreme fluctuations to the exchange rate in a way that confuses local markets.
Swift
He said exclusive, that his country will return to the full link to the Swift system for international payments “within weeks”, which re -linking the country to the global economy after 14 years of the war and the sanctions that made it a pariah state.
He added that the return of the Swift regime will contribute to encouraging foreign trade, reducing import costs and facilitating exports, and will also contribute to bringing in foreign currencies that are intensified in the country, enhancing efforts to combat money washing, and alleviating dependence on informal financial networks in border trade.