Financial reports and analysis from international financial institutions

Syria's Central Bank Holds $2.2 Billion in Gold, $200 Million in USD Reserves

Dec 16, 2024, 05:42 PM

Syria's Central Bank is holding nearly 26 tons of gold reserves, valued at approximately $2.2 billion at current market prices, according to Reuters calculations. Additionally, the bank has roughly $200 million in U.S. dollar reserves stored in its vaults. These figures highlight the financial resilience of the Syrian economy amidst ongoing challenges.