Story perspectives

Syria Unveils New Banknotes Amid Economic Recovery Efforts

12/30/2025

Summary

Story summary

Syria's interim President Ahmed al-Sharaa unveiled new banknotes on December 30, 2025.
The redesigned banknotes feature agricultural symbols and remove two zeros as part of a broader stabilization strategy, according to Central Bank Governor Abdulkader Husrieh.
The transition will last 90 days, with both old and new currencies in circulation.
Officials are optimistic about economic recovery as refugees return, despite acknowledging ongoing challenges in financial infrastructure.

History

Historical Context

Since the Syrian Civil War began in 2011, the economy has suffered immensely, with the UN estimating damages at $143 billion by 2013. By 2020, inflation soared to 50%, and the Syrian pound plummeted from 47 to over 3,000 per dollar. In 2025, new banknotes aim to stabilize the economy as refugees return, reflecting ongoing recovery efforts amid the war's long-term impacts.

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Story summary

Syria's interim President Ahmed al-Sharaa unveiled new banknotes on December 30, 2025.
The redesigned banknotes feature agricultural symbols and remove two zeros as part of a broader stabilization strategy, according to Central Bank Governor Abdulkader Husrieh.
The transition will last 90 days, with both old and new currencies in circulation.
Officials are optimistic about economic recovery as refugees return, despite acknowledging ongoing challenges in financial infrastructure.

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