Turkiye offers assistance to new Syria in printing currency ...Iraq

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“Syria's current banknotes are printed abroad, and Turkiye is preparedto provide support in this area. Efforts have commenced in coordination withthe Turkish Ministry of Foreign Affairs and the National IntelligenceOrganization,” Uraloğlu was quoted as saying by Turkish media.

Notably, the 1,000-pound note features an image of former PresidentHafez al-Assad, while the 2,000-pound note bears an image of President Basharal-Assad.

Following the collapse of the Assad family’s five-decade rule, therehave been growing calls to replace Syria’s current currency, particularly notesfeaturing the images of Hafez and Bashar al-Assad.

Economic experts note that integrating a new currency requires stablegovernance, economic reforms, and financial resources to cover production costswhile controlling inflation.

In a sign of economic improvement following the fall of the Al-Assadregime, the Syrian pound has strengthened significantly against the US dollar.

On Wednesday, the dollar was trading at 13,500 pounds for purchase, downfrom 13,800 pounds the previous day, according to the SP-Today platform, whichtracks parallel market rates in Damascus and Aleppo.

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