Published 2 days ago • loading... • Updated 1 day ago

Syria to start currency swap on January 1, central bank governor says

On January 1, 2026, Syria will start swapping old banknotes for new ones to replace Assad-era notes and try to strengthen the Syrian pound, Central Bank Governor Abdelkader Husrieh said.
Sources said in August that Syria will issue new banknotes removing two zeros, aiming to restore confidence after Bashar al-Assad fled in December 2024, earlier this month marking the anniversary.
The central bank has been given authority to decide the deadline for the swap and its locations, Husrieh said, and a press conference will be held on December 27 to explain all details.
Some bankers have voiced fears the new currency could drive up inflation and erode purchasing power, but Abdelkader Husrieh said the operation will be a smooth and orderly swap.
The swap replaces Assad-era banknotes shortly after this month’s anniversary, as the new government seeks to rebuild institutions after more than a decade of war.

Insights by Ground AI

36 Articles

Syria to begin currency swap on January 1

Syria is set to introduce new banknotes and start replacing the old ones from the era of the ousted President Bashar al-Assad on January 1, Syrian Central Bank Governor Abdulkader Husarieh said on Thu...

2 days ago

Read Full Article

Anadolu Ajansı

Reposted by

anews.com.tr

Right

Syria unveils new currency, sets Jan. 1 start for exchange

Central bank governor says move marks start of new monetary phase after Assad’s ouster - Anadolu Ajansı

2 days ago·Ankara, Türkiye

Read Full Article

Reuters

+8 Reposted by 8 other sources

Center

Syria to start currency swap on January 1, central bank governor says

Syria will start swapping old banknotes for new ones from January 1, 2026, Central Bank Governor Abdelkader Husrieh said on Thursday, under a plan to replace Assad-era notes to try to strengthen the currency's value.

2 days ago·United Kingdom

Read Full Article

The Media Line

Lean Right

Syria Unveils New Currency for January 2026 in Bid To Support War-battered Economy

Syria’s central bank plans to begin swapping in […] The post Syria Unveils New Currency for January 2026 in Bid To Support War-battered Economy appeared first on The Media Line.

3 days ago

Read Full Article

Daily Sabah

Right

Syria to start replacing currency from January, central bank says

Syria will start swapping old banknotes for ⁠new ones from Jan. 1, 2026, its central bank chief said on Thursday, as Damascus tries to relaunch its...

3 days ago·Türkiye

Read Full Article