Syria to start replacing currency from Jan 1

Syria's central bank chief said Thursday that the country's currency would start to be replaced with a revamped version from January 1. The Central bank chief said in a statement that "January 1, 2026, is the start date for the replacement process" for the currency. Information on the implementation process is to be provided in a press conference scheduled for Sunday, he added.

He said the new banknotes would simply replace the old ones, avoiding further inflation in a country battered by soaring prices since the war, with the central bank intending to print six new denominations of notes.