Damascus, SANA – The government economic team discussed the steps and procedures of the Central Bank of Syria to restore the exchange rate to its state before the recent unjustified …
Read More »CBS: Allowing deposit of foreign currency at border crossing gives confidence for investors and expats
Damascus, SANA – The Central Bank of Syria (CBS) issued a statement clarifying the decision no. 13 which allows individuals entering Syria through border crossings to use banking services and …
Read More »CMLTF commission uncovers base of unlicensed currency exchange company in Damascus
Damascus, SANA – The commission for combating money laundering and terrorism funding (CMLTF) at the Central Bank of Syria (CBS), in cooperation with the CMLTF department at the Criminal Security …
Read More »CBS issues certificates of deposit with nominal value of SYP 100 million
Damascus, SANA – The Central Bank of Syria (CBS) announced issuing certificates of deposit in Syrian Pound, with a nominal value of SYP 100 million and 4.5% interest rate and …
Read More »Central Bank releases new SYP 50 coin into circulation
Damascus, SANA – The Central Bank of Syria released a new SYP 50 metal coin. In a statement on Wednesday, the Central Bank said this new coin was released into …
Read More »CBS Governor: Issuing foreign currency certificates of deposit an important step to attract Syrians’ funds
Damascus, SANA – Governor of the Central Bank of Syria (CBS) Dureid Dergham said that issuing foreign currency certificates of deposit (CDs) is an important step to attract Syrians’ funds, …
Read More »Prime Minister chairs meeting for developing banking work at Central Bank
Damascus, SANA – Prime Minister Imad Khamis on Tuesday chaired a work meeting at the Central Bank of Syria (CBS) for discussing the strategies of financial institutions regarding monetary policies, …
Read More »CBS sets USD exchange rate at SYP 487.44
Damascus, SANA – The Central Bank of Syria (CBS) set on Wednesday the exchange rate of the USD against the Syrian Pound (SYP) at 487.44 for banks, 487.42 for exchange …
Read More »CBS sets USD exchange rate at SYP 468.83
Damascus, SANA-The Central Bank of Syria (CBS) set on Monday the exchange rate of the USD against the Syrian Pound (SYP) at 468.83 for banks, 467.68 for exchange companies and …
Read More »CBS: Stabilizing intervention price in currency market will reflect positively on prices of goods
Damascus, SANA- The Central Bank of Syria (CBS) said on Tuesday that the main aim of fixing the intervention price in the foreign currency market is to achieve relative stability …
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