The price of the dollar in Syria rose today, Wednesday, October 13, 2021, in the unofficial (black) parallel market.
The price of the dollar in Syria today
The price of the dollar against the Syrian pound, at the beginning of today’s trading, in the unofficial parallel market, recorded 3,460 pounds for purchase, and 3,510 pounds for sale.
It is expected that Syria’s economy will recover after Jordan, a few days ago, reopened its main crossing with Damascus in full, which represents a boost to the country’s economy.
Syria, which says Western sanctions are the cause of its economic problems, hopes that expanding trade links with Jordan will help recover from the devastating war.
More than 80% of Syrians live below the poverty line, according to United Nations data, while 12.4 million people suffer from food insecurity, according to the World Food Program.
The prices of the euro and sterling in Syria
The price of the European euro against the Syrian pound during early trading recorded 3988 pounds for purchase, and 4051 pounds for sale.
The price of the pound sterling in Syria on the unofficial (black) parallel market recorded a level of 4,697 pounds for purchase, and 4775 pounds for sale.
The prices of the riyal, dirham and dinar in Syria
The price of the Saudi riyal against the Syrian pound recorded, during today’s transactions, in the unofficial (black) parallel market, about 921 pounds for purchase, and 937 pounds for sale.
The price of the Emirati dirham in Syria, on the parallel (black) market, came at 939 pounds for purchase, and 956 pounds for sale.
The trading screens showed the price of the Kuwaiti dinar in Syria, during today’s trading, at the level of 11,457 pounds for purchase, and 11648 pounds for sale.
The UAE Ministry of Economy said on Sunday that the UAE and Syria had agreed on plans to boost economic cooperation and explore new sectors.
The ministry added in a tweet that the volume of non-oil trade between the two countries amounted to one billion dirhams ($272 million) in the first half of 2021.