Damascus News Platform – News
The Governor of the Central Bank of Syria, Mohammad Safwat Raslan, confirmed that the rate of exchanging old currency for the new currency has exceeded 63% across Syria, noting that this figure reflects the success of the exchange process and the strong cooperation between citizens and financial institutions in its implementation.
In a post published on the platform “X,” Raslan explained that the Central Bank has decided to extend the currency exchange period for an additional thirty days starting from July 1, in order to provide a final opportunity for citizens who have not yet been able to exchange their remaining old banknotes.
He indicated that the exchange process has achieved positive results and high completion rates since its launch, calling on banks, exchange companies, and financial transfer companies to refrain from reintroducing any old banknotes into circulation during the remaining period, and to commit to providing customers exclusively with the new currency in all cash withdrawal, exchange, and payment operations.
Raslan also reiterated the Central Bank’s commitment to providing the necessary quantities of the new currency and meeting the needs of citizens and the financial sector, ensuring that the new currency becomes the only circulating currency in the markets after the end of the specified exchange deadline.
