Syria this week carried out its first international bank transfer via the SWIFT international payment system since the outbreak of the country’s 14-year civil war, central bank governor Abdelkader Husriyeh said on Thursday, a milestone in Syria’s push to reintegrate into the global financial system.
A direct commercial transaction was carried out from a Syrian to an Italian bank on Sunday © Mena Today
Syria this week carried out its first international bank transfer via the SWIFT international payment system since the outbreak of the country’s 14-year civil war, central bank governor Abdelkader Husriyeh said on Thursday, a milestone in Syria’s push to reintegrate into the global financial system.
Husriyeh told Reuters in Damascus that a direct commercial transaction was carried out from a Syrian to an Italian bank on Sunday.
"The door is now open to more such transactions," he said.
Reporting by Timour Azhari
Syrian President Ahmed al-Sharaa held a phone call with U.S. President Donald Trump in which they discussed supporting the Syrian economy and the latest regional developments, the Syrian presidency said on Sunday.
Syria's Central Bank has extended its currency exchange programme by an additional 30 days beyond its original end-of-June deadline, allowing citizens more time to swap old Syrian pound notes for new ones.
President Donald Trump announced Sunday the appointment of Tom Barrack, the current US Ambassador to Turkey, as Special Presidential Envoy to both Syria and Iraq, a dual role that signals Washington's intensifying diplomatic engagement across the region.
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