Syria’s new currency removes al-Assad family images, seeks to boost economy
Summary
Syria has introduced new banknotes that do not feature images of Bashar al-Assad and his family. This change is part of efforts to improve the country's economy and currency value after years of war. The new notes show agricultural symbols and aim to give a fresh identity to Syria.Key Facts
- Syria has introduced new banknotes that do not have pictures of Bashar al-Assad or his family.
- The new banknotes feature images of agriculture, such as wheat and olives.
- The Syrian pound has lost much of its value over more than a decade of conflict.
- Inflation in Syria has hit triple digits, causing economic difficulties.
- The Central Bank of Syria had only $200 million in reserves at the end of 2025, compared to $17 billion in 2010.
- The new currency seeks to strengthen the Syrian pound and simplify transactions.
- The United States lifted certain sanctions, encouraging investments into Syria.
- Gulf countries like Qatar and Saudi Arabia have invested billions into Syria.
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