CBS denies printing new 10.000 banknote

Damascus, SANA-Central Bank of Syria affirmed that news about putting a banknote of SYP 10.000 into circulation are totally untrue.

“There is no need to print new banknotes, particularly as the e-pay, that will be applied, will largely lessen the circulation of banknotes,” Governor of central bank of Syria, Mohammad Issam Hazeimeh said in a statement posted on Facebook.

He added that bank always seeks to keep the exchange price stable and curb inflation.

Mazen Eyon


Check Also

Mikdad arrives in Baghdad to hold talks with Iraqi officials on bilateral relations

Baghdad,SANA-Foreign and Expatriates Minister, Fayssal Mikdad, arrived in the Iraqi capital of Baghdad on an …