Syrian Pound under Pressure: Exchange Rates Today, June 25, 2025
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By Anya Sharma | DAMASCUS – 2025/06/25 09:34:04
Teh Syrian pound is facing significant pressure in both official banking channels adn the black market as of Wednesday, June 25, 2025. Daily trading activity reveals a concerning trend of depreciation for the local currency, causing unease among economic observers. Here’s a detailed look at the current exchange rates.
Official Exchange Rates – Central Bank of Syria
The Central Bank of Syria has set the following official rates for the US dollar:
- Purchase price: 11,000 Syrian pounds
- Selling price: 11,110 Syrian pounds
- Central exchange rate: 11,055 Syrian pounds per dollar
“Daily trading activity reveals a concerning trend of depreciation for the local currency, causing unease among economic observers.”
Black Market Exchange Rates
Here’s how the US dollar is trading in the parallel market across several Syrian cities:
| City | Purchase Price (SYP) | Selling price (SYP) |
|---|---|---|
| DAMASCUS | 10,000 | 10,100 |
| ALEPPO | 10,000 | 10,100 |
| IDLIB | 10,000 | 10,100 |
| HASAKA | 10,150 | 10,250 |
Frequently Asked Questions
What factors are currently affecting the Syrian Pound’s value?
The Syrian Pound’s value is primarily affected by the ongoing civil war, economic sanctions, and overall political instability. These factors contribute to a lack of investor confidence and a decrease in the demand for the local currency.
How do the official and black market exchange rates differ?
The official exchange rate is set by the Central Bank of Syria, while the black market rate is determined by supply and demand in unofficial trading channels. The black market rate often reflects the true value of the currency more accurately due to limited access to official channels and higher demand for foreign currency.
What measures are being taken to stabilize the Syrian Pound?
The Central Bank of Syria occasionally intervenes in the market by injecting foreign currency reserves to stabilize the pound. However, the effectiveness of these measures is limited due to the scale of the economic challenges.
