Syrian dollar and lira update July 22

The price of the US dollar against the Syrian pound saw a slight decline today in the parallel market, with Damascus recording 132.75 new pounds for buying and 133.50 for selling. In Hasakah, the rates were 133.75 for buying and 134.50 for selling. Officially, the exchange rate remained stable at 12,150 pounds for buying and 12,250 for selling in banks, according to the Central Bank of Syria. The bank also announced the establishment of the Damascus Electronic Market for foreign currencies and gold to promote financial stability, while the black market exchange rate continues to reflect the pound’s weakness in unofficial trading.

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