Syria's central bank governor, Abdul Qadir Al-Hasriya, announced that a new national currency will be introduced in early 2026 to replace the current Syrian lira, which has sharply devalued since 2011. The new currency will include six denominations and form part of broader monetary and economic reforms aimed at stabilizing the financial system. Hasriya said the process will involve a complete replacement of the existing currency rather than adding new notes, following the lira's collapse from 50 to over 11,500 per US$1 during the 14-year conflict.
Source: The New Arab
