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Tag Archives: CBS

CBS allows selling foreign currency to finance commercial and non-commercial transactions

Damascus, SANA – The Central Bank of Syria (CBS) announced that it will allow licensed banks to sell the purchased foreign currency to finance commercial and non-commercial transactions without restrictions. In …

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CBS: the Bank is going ahead with decreasing the exchange price

Damascus, SANA – Governor of Central Bank of Syria Adib Mayaleh said that  the Bank is going ahead with decreasing the exchange price. “CBS is the only one which decides the date and …

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Cabinet discusses SYP exchange rate and state of water resources

Damascus, SANA- The Cabinet held its weekly session on Tuesday, discussing the adopted measures to improve the exchange rate of the Syrian Pound and the plans for rationalization of water …

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CBS fixes price of intervention in foreign exchange market at SYP 565 against 1 USD

Damascus, SANA-The Central Bank of Syria (CBS) announced on Sunday that the price of intervention in the foreign exchange market was fixed at SYP 565 against 1 USD and the …

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CBS exempts exporters from returning foreign currency procured for export purposes

Damascus, SANA – Governor of the Central Bank of Syria (CBS) Adib Mayaleh issued on Thursday a decision to extend decision no. 679/L/A that exempts all commitments to return foreign …

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CBS: Significant improvement in exchange rate price of SYP against USD

Damascus, SANA- The Central Bank of Syria (CBS) asserted that the recent intervention plan which started on May 10 led to a significant improvement in the exchange rate price which …

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CBS: New measures taken to support the production process and to meet market’s needs

Damascus, SANA- The Central Bank of Syria (CBS) asserted on Tuesday that it will continue the intervention process in the foreign exchange market on a daily basis through the banks …

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The CBS sets USD exchange rate at SYP 567.26

Damascus, SANA – The CBS set on Sunday the exchange rate of the USD against the Syrian Pound (SYP) at 567.26 for banks, 567.34 for exchange companies and 570 for …

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CBS decreases intervention exchange price to SYP 580 per 1 USD

Damascus, SANA The Central Bank of Syria (CBS) announced decreasing, once again, the exchange price to SYP 580 per 1 USD, within the intervention plan announced last week. In its statement on Thursday, …

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Intervention exchange price decreased to SYP 585 per 1 USD

Damascus, SANA – The Central Bank of Syria (CBS) announced decreasing, once again, the exchange price to SYP 585 per 1 USD, within the intervention plan announced last week. Yesterday’s …

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