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Syrian Lira Collapses after Fall of Assad Regime to Unprecedented Low


Sun 08 Dec 2024 | 10:21 PM
Taarek Refaat

The price of the dollar today in Syria jumped against the lira on Sunday to a record price for the first time in the country's history, after the announcement of the fall of Bashar al-Assad's regime and his exit from the country and the control of armed factions over the capital, Damascus.

The ongoing security tensions in Syria resulted in the collapse of the Syrian lira against the US dollar, reaching record levels for the first time in Syria's history.

Although the price of the dollar against the Syrian lira inside the Central Bank of Syria for remittances and exchange recorded 13,600 liras; فhis price is not used in local markets.

The average price of the dollar in Syria today in banks came to about 13,600 liras, according to the exchange bulletin.

While the price of the dollar rose today against the lira on the black market in all Syrian governorates.

The price of the US dollar against the Syrian lira jumped in the markets of Damascus to about 22,000 to buy, and 27,000 to sell.

In Aleppo, the price reached a record level of 36,000 to buy, and 41,000 to sell.

The price of the dollar against the Syrian lira jumped in the parallel market in Idlib to 36,000 to buy, and 41,000 sell.

While the price of the dollar in Hasakah reached 29,000 to buy, and 31,000 liras to sell.