Skip to content
Edition of Saturday, 7 November 2026English edition
EN FR
The Geopolitician

Country risk, from the local press

Syria · Country watch

Syrian Pound Falls, Dollar Nears 200, Gulf Markets Gain

The Syrian pound continues to weaken, with warnings of the dollar reaching 200 SYP, while Gulf markets see weekly gains amid easing US-Iran tensions.

· · 3 articles read

The picture Deteriorating How this is judged →

Business conditions in Syria are deteriorating as the Syrian pound weakens further, with warnings of the dollar reaching 200 SYP. This increases costs for importers and may lead to inflationary pressures.

Flare-up watch: Calm (0.1) · Active flag: Heightened vigilance for staff and travel · How this is judged → · All Syria briefings →

In this briefing Syrian pound · Mohamed Hallak · Central Bank of Syria · Gulf stock markets

Markets

  • Finance

Syrian pound weakens against dollar and euro

The Syrian pound continues to weaken against major currencies, with the black market rate for the dollar and euro diverging from official rates. As of Saturday, the black market rate for the dollar is significantly higher than the official rate, reflecting ongoing economic instability. This trend is consistent across major cities, with prices updated frequently to reflect market fluctuations, according to aks alser.

Impact Importers and businesses dealing in foreign currencies face increased costs as the Syrian pound weakens further.

Sources: aks alser ↗

  • Finance

Warning issued as dollar nears 200 Syrian pounds

Mohamed Hallak, Vice President of the Economic Sciences Association, warns that the dollar could reach 200 Syrian pounds if current trends continue. He attributes the pound's decline to regional tensions and a lack of clear monetary policy. Hallak emphasized that the Central Bank of Syria cannot stabilize the currency alone, as reported by Al-Watan.

Impact Businesses and consumers in Syria face potential inflationary pressures as the dollar approaches 200 Syrian pounds.

Sources: Al-Watan الوطن ↗

  • Finance

Gulf markets gain as US-Iran tensions ease

Most Gulf stock markets reported weekly gains, supported by reduced fears of a US-Iran confrontation and improved investor risk appetite. The easing of geopolitical tensions has positively impacted regional markets, according to SANA.

Impact Investors in Gulf markets benefit from improved market conditions as geopolitical tensions ease.

Sources: SANA سانا ↗

Nothing significant reported today in Regulation · Disruption · Internal tension · Safety & health · Companies · Trade · Politics.

Also today in the local press

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

All Syria briefings →

The same day elsewhere