Syria to lunch new banknotes, begin currency replacement on January 1
Syria will introduce new banknotes and begin replacing existing currency issued during the era of former President Bashar al-Assad starting January 1, according to Central Bank Governor Abdulkader Husarieh, Azernews reports.
Husarieh said the central bank has been granted authority to determine the timeline and designated locations for exchanging the old banknotes. He added that detailed instructions regarding the process will be announced at a press conference scheduled for December 27.
The governor described the initiative as a “pivotal national milestone,” emphasizing that the currency reform is intended to strengthen the value of the Syrian pound and support the country’s path toward economic stability and development.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!