Syrian Central Bank: News on Printing Banknotes of SYP 2,000 Baseless

Governor of the Central Bank of Syria, Dr. Adib Mayaleh said that news broadcast by media outlets on printing banknotes of SYP 2,000 is ”categorically baseless, and is part of the conspiracy against Syria which aims to undermine the Syrian economy, spread concerns and discredit the Syrian currency.”

In a statement to SANA, Mayaleh warned the citizens of dealing in this fake currency if found and urged them to tip off the authorities concerned, adding that only banknotes of 50, 100, 200, 500 and 1,000 Syrian pounds are in circulation.

Mayaleh indicated that the Central Bank of Syria will undertake the necessary procedures to bring back the exchange rate to balanced levels and curb the manipulation of the pound exchange rate in the black market, assuring that the ”Syrian pound is stable.”

He reiterated that the Bank has all necessary tools to secure the pound exchange rate, adding that agreements with the Iranian side were signed during the past couple of days for granting a line of credit facility valued at USD 1 billion to finance the importation of goods to Syria and investment projects.