DAMASCUS,(ST)_ Governor of the Central Bank of Syria Dr. Adib Mayaleh said that what has been debated by certain media about printing banknotes of “2000” category is “untrue altogether, and is part of the war and conspiracy to undermine the Syrian economy , and weaken citizen ‘s confidence in the Syrian pound “.
In a statement to SANA , today Mayaleh warned citizens from dealing with these counterfeit currency if found and to inform the sides concerned on that, indicating that the banknotes currently in circulation are of 50, 100, 200, 500 and 1000 pounds.
Mayaleh revealed that the Central Bank of Syria “will take in the coming period the necessary measures to balance exchange rate and reduce manipulation of the Syrian lira exchange rate in the black market,” noting that “the Syrian pound is stable.”
He stressed that “the bank has all the tools necessary to maintain the exchange rate of the lira,” noting “In this context , agreements were signed with the Iranian side, during the past two days to provide line credit facility worth one billion dollars to finance the import of goods to Syria and investment projects.”
T. Fateh