Governor of the Central Bank of Syria (CBS) Dureid Dirgham told journalists in statement following the meeting that the economy situation today is more comfortable and can be described as strong, adding that the drop in the price of USD against the Syrian pound
exchange rate is a message to the whole world that Syria is in a good situation.
As of March 2014, Goznak arranged to ship Syrian pound
banknotes from Russia to the central bank of Syria.
From June 1 onwards in Turkey, $100 is worth 16,900 Syrian pound
(prior to the war in Syria, $100 dollars was worth 5,000 Syrian pounds
), and 1,000 Syrian pounds
are equal to TL 12.
AFP -- The severely weakened Syrian pound
has surged against the dollar in recent days, a trader said Tuesday, with experts pointing to central bank intervention and developments favourable to the regime.
People are looking at higher inflation and the Syrian pound
will be losing its value.
They also decided to issue certificate of deposit (CD) with incentive interest Rates and in Syrian Pounds
Damascus: As Syrians continue fleeing the brutal six-year conflict, Damascus has seen a massive boom in plastic surgery tourism as the devaluation of the Syrian pound
has made the destination extremely popular for those who want to save money on expensive surgeries.
Summary: The United States blacklisted Lebanese company DK Group for arranging to ship Syrian pound
banknotes from Russia to the Syrian central bank, an allegation strongly denied by the company's general manager.
It has also destroyed the economy, causing soaring inflation and driving down the value of the Syrian pound
He added that the move comes as part of the CBS's intervention in the market to keep the price of the Syrian pound
The Syrian pound
has weakened to a record this year amid the conflict, according to data compiled by Bloomberg.
A vigorous government's intervention revived the Syrian pound
, which lost 50 percent of its value against U.