Adib Mayaleh (103)

The rate of the Syrian pound to the US dollar slightly fell early April to SYP 55 to a dollar before regaining some ground.

The Central Bank of Syria announces a series of measures to ease lending to investors. These include some ground breaking measures such as the authorization for Syrian banks to extend credits in foreign currencies to local importers.


The Central Bank of Syria has a new Governor, Adib Mayaleh. Mayaleh was appointed by a Presidential decree issued on January 2.