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2026-10-10T09:21:53.000Z

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Syria Central Bank Targets Unlicensed Currency Firms

A report states that the Central Bank of Syria conducted field inspections in several governorates aimed at regulating the currency exchange and money transfer sector. These inspections resulted in issuing 755 warnings to unlicensed shops and establishments, including transfer offices operating without licenses. These measures are part of the government's efforts to enforce legal compliance, protect the rights of customers, and reduce the risks of fraud and counterfeit currencies, especially amid the economic crisis and the challenges in developing financial institutions and stabilizing the Syrian pound.

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