Damascus, Jan.1 (SANA) Governor of Central Bank of Syria (CBS), Abdelkader Husrieh , called on economic activities to cooperate in implementing the cash replacement process and ensuring financial accuracy in transactions, in line with commercial customs and ethical values. This applies to all dealings among citizens.
“Provisions of Law No. 23 of 2002, as amended by Decree No. 293 of 2025, stipulate that the standard unit of Syrian currency is the new pound, which is divided into one hundred piastre (qirsh). Accordingly, fractions of the pound can be used in individual pricing, while the final payment amount is rounded to the approximately circulating denomination,” CBS governor said Thursday on Facebook account.
He clarified that the old 1000, 2000, and 5000 pound banknotes will be withdrawn during the current period, while the remaining categories will continue to circulate until further notice, allowing their use during the existing period until they are gradually phased out.
MZN
