The Central Bank of Syria has decided to drop two zeros from its currency following a significant devaluation. This move is seen as a crucial step towards achieving economic stability.

Since the civil war began in 2011, the Syrian pound has lost over 99% of its value against the dollar. Before the war, 1 dollar was equivalent to 50 pounds, but today it has reached 10,000 pounds. This situation complicates daily shopping for the public.

It has been reported that an agreement has been made with Russia for the printing of new banknotes. This step carries both economic and political significance.

Experts indicate that changing the existing banknotes is a political necessity. However, it is noted that this implementation could put consumers, especially the elderly, in a difficult position.

Due to the liquidity crisis in Syria, long queues have formed in front of ATMs. Cash withdrawals are severely limited, and people are forced to wait for hours to meet their daily needs.