Afghanistan, Aug. 24 -- Syria plans to introduce new banknotes and drop two zeros from its currency to simplify transactions, stabilize the economy, and restore public trust.
The Syrian government has announced plans to print new banknotes and remove two zeros from the Syrian pound in an effort to stabilize the collapsing economy.
Central Bank Governor Abdulqader Husrieh said the move is part of a broader program of financial and monetary restructuring aimed at simplifying daily transactions and improving economic efficiency.
He added that committees involving state banks, private banks, and economic experts have been formed to study the reform plan. Although no official timeline for releasing the new currency has been set, preparations ...