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Damascus, The Central Bank of Syria (CBS) on Tuesday issued decisions to shut down 14 currency exchange companies that have not fulfilled their required role in terms of supporting the stability of the Syrian Pound exchange rate.A statement issued by the CBS said that the decisions prohibit these 14 companies
Read MoreDamascus, The Central Bank of Syria (CBS) on Tuesday issued decisions to shut down 14 currency exchange companies that have not fulfilled their required role in terms of supporting the stability of the Syrian Pound exchange rate.A statement issued by the CBS said that the decisions prohibit these 14 companies
Read MoreDamascus, Central bank of Syria announced on Monday that any citizen who has money amounts in foreign currency can sell the Bank's branches in the Syrian cities without any documents by the price of 700 SYP for each US dollar.The price of exchange will be fixed daily by the Bank,
Read MoreDamascus, The cabinet discussed on Monday, in details, the role and mission of each Ministry to apply the executive mechanism of the legislative decrees No. 3 and 4, issued by President Bashar al-Assad, on punishing dealers with money other than the Syrian pound.The Cabinet, during its weekly session, led by
Read MoreDamascus, Governor of the Central Bank of Syria (CBS) Hazem Qarfoul voiced the CBS' readiness to direct and continuous coordination with the UN Resident and Humanitarian Coordinator in Syria, and enhancing contact with international organizations in order to overcome difficulties in the banking sector.Qarfoul's remarks came during a meeting held
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