• Home
  • News
    • Global Operations
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
    • Industry
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
    • Special Interest
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
  • Market
    • Coming Soon
  • Intelligence
    • Job Board
    • Events
    • USMC Deception Manual
  • Resources
    • Contact Us
    • About Us
    • Editorial Policy
    • Privacy Policy
  • Home
  • News
    • Global Operations
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
    • Industry
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
    • Special Interest
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
  • Market
    • Coming Soon
  • Intelligence
    • Job Board
    • Events
    • USMC Deception Manual
  • Resources
    • Contact Us
    • About Us
    • Editorial Policy
    • Privacy Policy
Login
Join Free
Home
Asia
Africa
Europe
Latin America
Middle East
North America
Asia
Africa
Europe
Latin America
Middle East
North America
Asia
Africa
Europe
Latin America
Middle East
North America
Coming Soon
Job Board
Events
Contact Awards
USMC Deception Manual
Login
Join Free
Home Special Interest Middle East Special Interest

Syria Receives New Shipment of Currency Printed in Russia

  • Editor Staff
  • March 7, 2025
Syrian banknotes featuring Assads face (ArtEvent ET / Shutterstock.com)
Share on FacebookShare on TwitterLinkedIn

Syria received a new shipment of its local currency from Russia on Wednesday, with more deliveries expected in the future, according to a Syrian government official.

The cash arrived by plane at Damascus International Airport and was transported to the Syrian central bank in a convoy of trucks, a source cited by The Times of Israel. 

The exact amount of money in the shipment was not disclosed, but previous deliveries from Russia have been worth hundreds of billions of Syrian pounds, or tens of millions of U.S. dollars.

Syria has relied on Russia to print its currency since the start of the civil war, after European sanctions forced Damascus to end a previous contract with an Austrian company. The agreement with Russia has ensured a steady supply of banknotes for Syria’s economy.

Following the ouster of President Bashar al-Assad in December, Russia has maintained strong ties with the new Syrian government. In January, a senior Russian diplomat visited Damascus, and in February, President Ahmed al-Sharaa spoke with Russian President Vladimir Putin. 

In earlier meetings between the two countries, Syria has demanded reparations from Russia and the extradition of Assad in return for permitting Moscow to keep its military bases in the country.

The new currency delivery comes as Syria faces a serious cash shortage, which officials blame on delayed Russian shipments and hoarding of Syrian pounds. The shortage has made it difficult for people to access their savings and has put pressure on businesses, which are already struggling with competition from cheap imports.

Editor Staff

Editor Staff

The Editor Staff at SOFX comprises a diverse, global team of dedicated staff writers and skilled freelancers. Together, they form the backbone of our reporting and content creation.

Subscribe
Login
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
ADVERTISEMENT

Trending News

SOFX CEO responds to Joe Lonsdale’s promotion of Peter Thiel Lecture Series

SOFX CEO responds to Joe Lonsdale’s promotion of Peter Thiel Lecture Series

by Editor Staff
December 5, 2025
23

On Tuesday, American entrepreneur and venture capitalist Joe Lonsdale sent out a Substack edition in which he encouraged readers to...

CENTCOM Deploys First One-Way Drone Squadron to Middle East

CENTCOM Deploys First One-Way Drone Squadron to Middle East

by Editor Staff
December 4, 2025
0

The U.S. military has fielded its first squadron of one-way attack drones to the Middle East under Task Force Scorpion...

Russia Arms Shahed Drones with R-60 Missiles

Russia Arms Shahed Drones with R-60 Missiles

by Editor Staff
December 3, 2025
0

For the first time in Ukraine, a Russian Shahed drone was discovered carrying an R-60 air-to-air missile. Photos of the...

ADVERTISEMENT
ADVERTISEMENT
Next Post
Clashes Between Alawite Fighters and Syrian Government Forces Leave Over 200 Dead With Reports of Sectarian Killings

Clashes Between Alawite Fighters and Syrian Government Forces Leave Over 200 Dead With Reports of Sectarian Killings

Ukraine Uses French Mirage 2000 Fighters in Combat for the First Time

Ukraine Uses French Mirage 2000 Fighters in Combat for the First Time

997 Morrison Dr. Suite 200, Charleston, SC 29403

News

  • Global Operations
  • Special Interest
  • Industry
  • Global Operations
  • Special Interest
  • Industry

Resources

  • About Us
  • Contact Us
  • Advertise with Us
  • Editorial Policy
  • Privacy Policy
  • About Us
  • Contact Us
  • Advertise with Us
  • Editorial Policy
  • Privacy Policy
No Result
View All Result
  • Home
  • News
    • Global Operations
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
    • Industry
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
    • Special Interest
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
  • Market
    • Coming Soon
  • Intelligence
    • Job Board
    • Events
    • USMC Deception Manual
  • Resources
    • Contact Us
    • About Us
    • Editorial Policy
    • Privacy Policy
Subscribe
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Log in to your account

Lost your password?
wpDiscuz