CBS denies printing new 10.000 banknote

Damascus, SANA-Central Bank of Syria affirmed that news about putting a banknote of SYP 10.000 into circulation are totally untrue.

“There is no need to print new banknotes, particularly as the e-pay, that will be applied, will largely lessen the circulation of banknotes,” Governor of central bank of Syria, Mohammad Issam Hazeimeh said in a statement posted on Facebook.

He added that bank always seeks to keep the exchange price stable and curb inflation.

Mazen Eyon