Syria is contemplating a potential overhaul of its currency amid growing economic pressures, with the Central Bank confirming ongoing collaboration with a Russian firm for printing banknotes. The Syrian pound has dramatically depreciated since the civil war began in 2011, with the black-market rate now over 15,000 pounds to one US dollar, reflecting severe economic challenges exacerbated by sanctions and hyperinflation. While no immediate currency changes have been announced, experts emphasize that any effective reform must address underlying economic issues, including corruption and capital flight, to restore public trust.
