CBS decreases intervention exchange price to SYP 500 per 1 USD

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Damascus, SANA – The Central Bank of Syria (CBS) on Tuesday announced decreasing the intervention exchange price to SYP 500 per 1 USD.

In a statement on Tuesday, the CBS also set the USD exchange rate for transfers at SYP 505 and SYP 500 for financing imports against.

Monday intervention exchange rate was set at SYP 520 per 1 USD. For transfers and financing imports, exchange rate was set at SYP 525 and SYP 520 respectively.

R. Milhem/H. Said