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Central Bank Sells USD at 173.27 SP

Currency to be resold to civilians at a rate of 175 SP
Central Bank Sells USD at 173.27 SP

The Central Bank of Syria on Sunday sold a quantity of foreign currency to exchange companies at a rate of 173.27 SP against the dollar, to be resold to civilians at 175 SP.

 

The bank reiterated its policy to interfere in the foreign currency market in order to maintain an acceptable exchange rate and prevent speculation on the Syrian Pound.

 

Nine exchange institutions took part in the latest exchange, the bank reported.

 

Translated and edited by the Syrian Observer
 

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