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Market
Will Syria's Central Bank introduce a new foreign reserve currency by end of 2025?
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Resolution / Starting Odds
Euro • 25%
Chinese Yuan • 25%
Russian Ruble • 25%
Other • 25%
Official announcements from Syria's Central Bank or financial news outlets
Story
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.
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Yes • 50%
No • 50%
Corporate bonds • 25%
Other • 25%
Derivatives • 25%
Government bonds • 25%
Banking sector reforms • 25%
Interest rate adjustments • 25%
Currency stabilization measures • 25%
No significant reforms • 25%