As part of its ongoing intervention process in the foreign currency market, the Central Bank of Syria held a foreign currency public sale session which included four exchange companies.

The Bank said that the USD sale price for citizens was set as SYP 168 with a limit of USD 500 or their equivalent of foreign currency per person each month, noting that funding requests from exchange companies were limited during this session as the market has sufficient foreign currency to meet demand.

The Bank said that its policy for funding imports have resulted in stabilizing exchange rate for import funding at the low point of SYP 166 per USD, asserting that it will continue its policy of intervention to preserve exchange rates and curb speculation