The price of the dollar in Syria stabilized today, Tuesday, January 18, 2022, on the unofficial (black) parallel market.
Researchers have warned that inflation in the Syrian economy has reached a dangerous stage, due to the rapid and continuous rise in the general level of prices, which leads to money losing its purchasing value.
According to the latest figures issued by the Central Bureau of Statistics, the inflation rate in Syria reached 163.1% in 2020.
The inflation rate in Syria is expected to increase by 12% in 2022, and 9.80% in 2023, according to econometric models.
At one time, Syria witnessed inflation rates of nearly 900%. Unemployment has reached 50%, but things have returned again, according to what the official authorities have said.
The price of the dollar in Syria today
The price of the dollar in Syria stabilized today, Tuesday, at the unofficial (black) parallel market at 3,585 pounds for purchase, and 3,620 pounds for sale.
The price of the euro and sterling in Syria
The price of the euro fell against the Syrian pound in the unofficial (black) parallel market today, Tuesday, to 4,084 pounds for purchase, and 4129 pounds for sale.
The price of the pound sterling in Syria also fell on the unofficial (black) parallel market, to record 4883 pounds for purchase, and 4,941 pounds for sale.
The price of the riyal, dirham and dinar
The price of the Saudi riyal against the Syrian pound has stabilized in the parallel (black) market today, at 954 pounds for purchase, and 966 pounds for sale.
The price of the UAE dirham in the unofficial Syrian (black) market also remained at 973 pounds for purchase and 986 pounds for sale.
The price of the Kuwaiti dinar fell against the Syrian pound in the unofficial (black) parallel market today, Tuesday, about 11859 pounds for purchase, and 12000 pounds for sale.