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The Syrian pound or lira (Arabic: الليرة السورية, romanized: al-līra as-sūriyya; abbreviation: LS [2] or SP [3] in Latin, ل.س in Arabic, historically also £S, [4] and £Syr; [5] ISO code: SYP) is the currency of Syria.
Syria has been subject to sanctions by United States, Canada, European Union, Arab League and Turkey because of the civil war. [79] [80] [81] The currency of Syria is the Syrian pound (SYP). The pound's official exchange rate has deteriorated significantly, falling from £S 47 for US$1 before the civil war to £S 1,256 as in June 2020.
The Central Bank of Syria (Arabic: مصرف سورية المركزي, romanized: Maṣrif Sūriya al-Markazī; CBS) is the central bank of Syria. The bank was established in 1953 and started operations in 1956.
The vault of Syria's central bank holds nearly 26 tons of gold, the same amount it had at the start of its bloody civil war in 2011, even after the chaotic fall of Bashar al-Assad's despotic ...
Israel’s warplanes pound Syria as it destroys Assad’s naval fleet. Alex Croft. December 10, 2024 at 10:09 AM. ... The UN’s special envoy to Syria, Geir Pedersen, has condemned the Israeli ...
DAMASCUS (Reuters) -Israel pounded Syrian army bases on Tuesday in strikes it says aim to keep weapons from falling into hostile hands, but denied its forces had advanced into Syria beyond a ...
It is the current currency of Turkey and also the local name of the currencies of Lebanon and of Syria. It is also the name of several former currencies, including those of Italy, Malta and Israel. The term originates from the value of a Roman pound (Latin: libra, about 329g, 10.58 troy ounces) of high
During the COVID-19 pandemic in Syria, the Syrian pound continued to fall against the U.S. dollar in the black market, where US$1 equaled more than LS 1,600 in May 2020. [18] A month later, the Syrian pound passed LS 2,000 against the dollar, [19] [20] and a few days later, it passed LS 3,000 against the dollar. It settled back to an exchange ...