If someone told you a year ago that the Syrian Pound (SYP) would gain value against the US Dollar, you probably wouldn’t have believed it. After all, Syria’s economy has been through years of turmoil—crippling inflation, devastating war, and some of the toughest sanctions in the world. The idea of the SYP strengthening seemed completely […]
For over a decade, Syria has relied on Russia to print its currency. This arrangement began after Western sanctions, imposed in response to the Syrian civil war, cut off access to European currency printers. Now, Syria is shifting its currency printing operations to the United Arab Emirates (UAE) and Germany. This move reflects Syria’s efforts […]
Recently, many people in Syria have talked about the Syrian Lira (SYP). On the streets, in cafés, and on social media, there is a lot of buzz. Some feel hopeful, thinking the economy might be getting better. Others are unsure and wonder if these changes will last or just fade away. So, what is really […]
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