8/7/2025–|Last update: 17:24 (Mecca time)
The exchange rate of the Syrian pound against the US dollar stabilized during trading today, Tuesday, in the parallel market in the Syrian cities, while the Central Bank of Syria continued to fix the price in official transactions.
This comes, after expecting World Bank growth gross domestic product Syria has 1% in 2025 after a contraction of 1.5% in 2024.
The bank said in a statement: “Reducing penalties provides some promising capabilities, but progress is still limited with the continued freezing of assets and restriction of access to international banking services, which hinders energy supplies, foreign aid, humanitarian support, trade and investment.”
Syrian lira exchange rate
- The exchange rate of the Syrian pound was stabilized against the dollar in Damascus Aleppo Idlib At 10 thousand when buying, 10 thousand and 50 pounds upon sale.
- The exchange rate of the lira remained in Hasaka At 10 thousand and 125 pounds upon purchase and 10 thousand and 200 pounds upon sale.
- The Central Bank of Syria has established the exchange rate of the lira against the dollar at 11 thousand pounds when purchasing, and 11 thousand and 100 pounds upon sale.
Not to be borrowed
The governor of the Central Bank of Syria, Abdel Qader Al -Huhair, said last week in televised statements, most notably the bank on social media Syria You will not resort to external debt and there will be no resort to borrowing from International Monetary Fund Or the World Bank.
He denied that there is an intention to link the price of the Syrian pound to dollars or the euro, indicating that an institution to ensure deposits will be created in Syrian banks.
The exclusive expected the end of what he called “the distortions in the exchange rate of the Syrian pound within months and the achievement of a unified price,” noting that the exchange rate of the Syrian pound improved by 30%.
Political developments
On the political level, I decided Britain Return diplomatic relations with Syria, in conjunction with the visit of British Foreign Minister David Lami to the Syrian capital, Damascus, and his pledge to provide 94.5 million pounds (129 million dollars) in support of Syria.
Lami said in a statement: “There is a renewed hope for the Syrian people … It is in our interest to support the new government to fulfill its obligations to build a stable, safer and prosperous future for all Syrians.”
The American President signed Donald Trump Recently, an executive order stops the American sanctions program on Syria, ends its isolation from the global financial system and helps it reconstruction after the war.
The Trump administration yesterday canceled the classification of the Headquarters for the Liberation of Al -Sham, a foreign terrorist organization.