Syrian Arab News Agency S A N A
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Damascus, SANA – The Central Bank of Syria (CBS) announced decreasing, once again, the intervention exchange price to SYP 570 per 1 USD at the foreign currency market.
In its statement on Monday, the CBS explained that according to the plan, each exchange company is committed to purchase USD 1 million, while each exchange office is committed to purchase USD 100,000.
Companies and offices have to sell the purchased foreign currency immediately to citizens without commissions under the penalty of closing the company or the office if the purchase process is not completed, according to the statement.
The CBS also set the exchange rate for financing imports and for transfers at SYP 575 against the USD.
R.J/ Ghossoun
