Syria begins circulating new post-Assad currency bills

DAMASCUS, Syria: Syria started the process of circulating new currency bills on Saturday as the nation seeks to stabilize the economy as it recovers from the fall of Bashar Assad’s government. A decree issued earlier this week by President Ahmad Al-Sharaa said that “old Syrian currency” will be gradually withdrawn from circulation according to a timetable set by the central bank and through designated exchange centers. Central Bank Governor Mokhles Nazer posted on X that after months of preparations, the exchange of old Syrian pounds with new banknotes officially began Saturday morning.

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