central bank of syria



Syria to revalue currency, dropping two zeros in bid for stability, sources say

  • Syria will issue new banknotes, removing two zeros from its currency in an attempt to restore public confidence in the severely devalued pound
  • The Syrian pound has lost more than 99 percent of its value since war erupted in 2011, with the exchange rate now at around 10,000 pounds to the US dollar
By Reuters ·