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Tag Archives: Central Bank

CBS: Allowing deposit of foreign currency at border crossing gives confidence for investors and expats

Damascus, SANA – The Central Bank of Syria (CBS) issued a statement clarifying the decision no. 13 which allows individuals entering Syria through border crossings to use banking services and …

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CMLTF commission uncovers base of unlicensed currency exchange company in Damascus

Damascus, SANA – The commission for combating money laundering and terrorism funding (CMLTF) at the Central Bank of Syria (CBS), in cooperation with the CMLTF department at the Criminal Security …

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CBS issues certificates of deposit with nominal value of SYP 100 million

Damascus, SANA – The Central Bank of Syria (CBS) announced issuing certificates of deposit in Syrian Pound, with a nominal value of SYP 100 million and 4.5% interest rate and …

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Central Bank releases new SYP 50 coin into circulation

Damascus, SANA – The Central Bank of Syria released a new SYP 50 metal coin. In a statement on Wednesday, the Central Bank said this new coin was released into …

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CBS Governor: Issuing foreign currency certificates of deposit an important step to attract Syrians’ funds

Damascus, SANA – Governor of the Central Bank of Syria (CBS) Dureid Dergham said that issuing foreign currency certificates of deposit (CDs) is an important step to attract Syrians’ funds, …

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Prime Minister chairs meeting for developing banking work at Central Bank

Damascus, SANA – Prime Minister Imad Khamis on Tuesday chaired a work meeting at the Central Bank of Syria (CBS) for discussing the strategies of financial institutions regarding monetary policies, …

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CBS sets USD exchange rate at SYP 487.44

Damascus, SANA – The Central Bank of Syria (CBS) set on Wednesday the exchange rate of the USD against the Syrian Pound (SYP) at 487.44 for banks, 487.42 for exchange …

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CBS sets USD exchange rate at SYP 468.83

Damascus, SANA-The Central Bank of Syria (CBS) set on Monday the exchange rate of the USD against the Syrian Pound (SYP) at 468.83 for banks, 467.68 for exchange companies and …

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CBS: Stabilizing intervention price in currency market will reflect positively on prices of goods

Damascus, SANA- The Central Bank of Syria (CBS) said on Tuesday that the main aim of fixing the intervention price in the foreign currency market is to achieve relative stability …

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CBS Governor: More intervention measures that haven’t been applied yet are available

Damascus, SANA – Governor of the Central Bank of Syria (CBS) Adib Mayyaleh said on Wednesday that the CBS has several more measures which have not been applied yet within …

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