Damascus, (SANA)- Governor of the Central Bank of Syria Adib Mayaleh announced that the bank will mint new coin of fifty pound value soon, Tishreen newspaper said Sunday .

Mayaleh added that the Legislative Decree No. 1 issued on 5/1/2010 on amending the Article No. 43 of the Law of the Central Bank of Syria and the Basic Monetary System No. 23 for the year 2002 allowed mintage of new currency of fifty pounds category in the form of metal.

In a privious statement to Tishreen Economy, He indicated that the bank will mint currencies of new categories. Mayaleh said, in a statement to Tishreen newspaper, that the mintage of the new currencies aims at coping with the large increase in population and needs of circulation.

The bank is adopting all necessary measures to set up the technical designs in preparation for issuing the new currencies and putting them into circulation in the next few months.

H.Zain/ Ghossoun