DAMASCUS: Syria is set to introduce a new national currency starting Jan 1, 2026, the Central Bank of Syria Governor Abdulkader Husarieh announced on Thursday, Syrian Arab News Agency (SANA) reported.
Husarieh described the move, outlined in Decree No. 293 of 2025, as a "pivotal national milestone" and the beginning of a new economic and monetary phase for the country.
Under the decree, the Central Bank has been granted authority to set the timelines and locations for the currency exchange, Husarieh said, pledging that the process will be smooth and well-organised.
He added that the procedures will be explained clearly and transparently during a dedicated press conference, aimed at enhancing public confidence and reinforcing the partnership between the bank and citizens.
Speaking on the significance of the new currency, Husarieh said it symbolises Syria's financial sovereignty following liberation and represents a step toward economic stability and development.
He added that the initiative is a national achievement that builds on the country's post-liberation accomplishments and is being implemented through the coordinated efforts of the Central Bank and other relevant sectors.
-- BERNAMA
Your gateway to global news, insights, and stories that matter.
Husarieh described the move, outlined in Decree No. 293 of 2025, as a "pivotal national milestone" and the beginning of a new economic and monetary phase for the country.
Under the decree, the Central Bank has been granted authority to set the timelines and locations for the currency exchange, Husarieh said, pledging that the process will be smooth and well-organised.
He added that the procedures will be explained clearly and transparently during a dedicated press conference, aimed at enhancing public confidence and reinforcing the partnership between the bank and citizens.
Speaking on the significance of the new currency, Husarieh said it symbolises Syria's financial sovereignty following liberation and represents a step toward economic stability and development.
He added that the initiative is a national achievement that builds on the country's post-liberation accomplishments and is being implemented through the coordinated efforts of the Central Bank and other relevant sectors.
-- BERNAMA
Your gateway to global news, insights, and stories that matter.
