Today’s dollar price in Syria: a new rise in the exchange rate
The exchange market in Syria witnessed a new rise in the price of the US dollar, today, Monday, January 13, 2025, in parallel transactions at the level of various cities.
In the capital, Damascus, and the city of Aleppo, the price of the dollar in the parallel market reached 11,500 liras for purchase, and 11,800 liras for sale.
In Idlib, the dollar was traded at a level of 11,800 liras for purchase and 12,000 liras for sale, while in the eastern region (Al-Hasakah) the price of the dollar reached 11,600 liras for purchase and 11,800 liras for sale.
As for the euro, its price on the black market ranged between 11,750 liras for purchase and 12,061 liras for sale, while the price of the Turkish lira recorded 322 liras for purchase and 333 liras for sale.
The Syrian Central Bank set the exchange rate of the dollar against the Syrian pound in banks at 13,000 pounds for purchase and 13,130 pounds for sale, and the average price reached 13,065 pounds per dollar.
The exchange rate of the euro against the Syrian pound reached about 13,399.10 liras to purchase, and 13,533.08 liras for sale.
As for the Turkish lira, its price was recorded at 367.53 Syrian pounds for purchase, and 371.20 Syrian pounds for sale.
The Minister of Economy in the Syrian caretaker government, Basil Abdel-Hanan, commented on the American decision to partially and temporarily lift the sanctions imposed on Syria, indicating that it will contribute to facilitating the flow of basic goods and services, especially in the energy sector, and conducting limited financial transactions.
Despite the limited positivity of this step, the minister explained that the impact on the exchange rate will be slight, as increased financial flows and increased confidence in the local economy will contribute to improving the value of the Syrian pound, but for a short period due to the temporary nature of the American license.
Abdel Hanan added that this license may contribute to improving infrastructure and opening the way for some reconstruction projects, but he stressed that the comprehensive impact requires a complete lifting of sanctions to achieve real economic recovery in the country.
He stressed that the sanctions were linked to the previous regime that caused the destruction of the country and the impoverishment of its people, and with its demise, it is necessary to lift the sanctions completely to enable the Syrians to rebuild their homeland and achieve stability and sustainable development, stressing that the temporary license cannot be a radical solution to the Syrian crisis, but rather It is a limited step on a long path towards economic recovery.
