Today, Tuesday, January 10, 2023, foreign exchange rates in Syria witnessed remarkable stability, and the exchange rate of the US dollar witnessed great stability on the black market in Syria, at the beginning of morning trading.
The price of the dollar today in Syria
The exchange rates of the US dollar on the black market, once morest the Syrian pound, in the markets of the capital, Damascus, recorded 5940 pounds for purchase, compared to 6000 pounds for sale for the US dollar.
Read alsoThe price of the dollar in Syria today, Monday 9-1-2023, moment by moment
The price of the Syrian pound once morest the Turkish lira
The price of the Turkish lira once morest the Syrian pound reached 315 Syrian pounds at the time of purchase, while the selling price reached 320 Syrian pounds.
The price of the euro today in Syria
The exchange rate of the euro today once morest the Syrian pound reached 6321 pounds for purchase, and 6389 pounds for sale.
Factors affecting the Syrian pound
The Syrian pound continued to decline once morest the US dollar on the black market, as the Syrian pound suffered a decline to its lowest levels since the beginning of the conflict in 2011, as it lost most of its value on the black market.
This comes amid expectations that the value of the Syrian pound will continue to deteriorate for a longer period, in light of the lack of a real way out for the severely deteriorating Syrian economy.
Experts attributed the deterioration of the value of the Syrian currency to dollarization and the provision of foreign currencies, as well as the economic sanctions imposed on the Syrian Central Bank, which impede the movement of exports out of the country.
