DAMASCUS, (ST)- The Central Bank of Syria (CBS) on Wednesday announced that it has amended the purchase price of the US dollar for incoming personal money transfers, raising it from SYP 700 to SYP 1,250.

According to the bank and exchange bulletin issued by the CBS today, the average exchange rate for the US dollar has become 1256 pounds, after its price in yesterday's bulletin was 704 pounds.

The exchange rate of the euro against the Syrian pound, according to the bulletin, amounted to 1413,38 pounds as an average price for exchange institutions and for the delivery of personal transfers.

On June 14, Prime Minister Eng. Hussein Arnous held a meeting with the Governors and stressed the importance of the governor’s presence among citizens, following up on their living issues, working to meet their daily needs, providing their daily requirements, submitting the necessary proposals to improve the economic situation of each governorate, and optimal investment of its agricultural, industrial, and tourism capabilities.

During the meeting held in the building of the Ministry of Local Administration and Environment, in the presence of Eng. Hussein Makhlouf, Minister of Local Administration, Arnous referred to the role of governors in implementing the government’s plan ‘ From the producer to the consumer’ by marketing vegetables and fruits produced to the co-op  and sales outlets of the public authorities in each governorate.

Director General of the General Authority for Fish Wealth Abdel-Latif Ali has said  to the Syrian Al-Watan daily  that the amount of fishing  during the first three months ( January, February and March)  of this year reached  130,447 kilograms.

Ali said that the work of fishermen was clearly affected during the ban period due to the Corona crisis, noting that  sea-fishing decreased and thus the amount of fish was affected.

Ali said that although the authority continues to produce and sell fingerlings, the ban also affected the technical supervision process on fish farms permanently noting that Corona affected the work in general.

DAMASCUS, (ST)- The government's economic team discussed during a meeting on Saturday the measures taken by the Central Bank of Syria (CBS) to control the exchange rate and restore it to an acceptable level.

During the meeting, Chaired by the newly designated Prime Minister Hussein Arnous, the team voiced support for the CBS's plan to continue  implementing measures necessary to restore the exchange rate to a normal level and to maintain control over exchange companies and brokers.

The team decided to allow any citizen who transfers an amount of money in one of the branches of the banks operating in the Syrian provinces, to withdraw the entire amount from a bank in another province within a week from the date of the transfer operation. The aim is to facilitate and support money transfer through regular channels.