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Tag Archives: foreign currency

CBS: Foreign currency price dropping, market responding to intervention measures

Damascus, SANA- The Central Bank of Syria (CBS) asserted on Tuesday that there are strong indicators that the foreign currency market began responding to the measures being taken to stabilize …

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CBS: Currency exchange companies obligated to purchase another quantity of foreign currency

Damascus, SANA – Governor of the Central Bank of Syria (CBS) Adib Mayyaleh announced on Monday that each currency exchange company will be committed to buying a fourth quantity of …

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Mayyaleh: USD 10 million sold to exchange companies since Tuesday

Damascus, SANA-The Central Bank of Syria (CBS) held on Wednesday a new intervention session for the currency markets in Damascus and Aleppo attended by representatives of exchange companies and offices. Governor of the Central …

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CBS holds intervention session, compels exchange companies to sell USD to citizens at SYP 620

Damascus, SANA – The Central Bank of Syria (CBS) announced on Tuesday that has compelled all exchange companies to sell foreign currency to citizens directly at SYP 620 against USD …

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CBS reiterates readiness to meet market’s foreign currency needs

Damascus, SANA – The Central Bank of Syria (CBS) affirmed that it will continue its intervention efforts in the foreign currency exchange market on daily basis via banks and exchange …

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CBS raises quantity of currency payment for exporters to USD 100,000

Damascus, SANA – The Central Bank of Syria (CBS) on Monday raised the quantity of currency payment for the export currency transfer bill to USD 100,000 instead of 50,000 USD …

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CBS Governor announces injection of second package of planned USD 65 million

Damascus, SANA – Governor of the Central Bank of Syria (CBS) Adib Mayaleh announced that the injection of the second package of the planned USD 65 million to cover the …

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Central Bank holds intervention session

Damascus, SANA – The Central Bank of Syria (CBS) held an intervention session on Tuesday as part of its ongoing efforts to stabilize the SYP exchange rate. CBS Governor Adib …

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