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Syrian Central Bank passes resolution to altering lira exchange rate
Syria, Economics, 8/28/1997
The Syrian Central Bank passed a resolution to alter the Syrian Lira exchange rate for foreign currencies. This comes within the country's policy of unifying the Lira exchange rate used in financial dealings.
The statement issued by the Central Bank mentioned that the committee headed by the Syrian Central Bank governor, Mohammed Bishara Kabara, passed a resolution to alter the exchange rate ratified by the neighboring countries from 43.5 to 45 Syrian Lira for one dollar in buying. And from 44 to 45.5 Lira for one dollar in selling. The new rates have been applied since last week.
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