India, Jan. 2 -- Syrian President Ahmad al-Sharaa has unveiled newly designed currency notes, removing images of ousted leader Bashar al-Assad and his father, former president Hafez al-Assad.

The new banknotes entered circulation on January 1, marking a symbolic shift in the country's monetary design following political change.

Under a presidential decree, existing Syrian banknotes-referred to as the "old Syrian currency"-will be gradually withdrawn from circulation in accordance with a timetable set by the Central Bank of Syria. The exchange will be carried out through designated exchange centres, according to the state-run SANA news agency.

SANA reported that no commissions, taxes, fees or penalties will be levied on the conversion o...