The 90-day transition period initiated by the Syrian Central Bank as part of its economic reforms to introduce a "new currency" has been completed. The new banknotes, which removed two zeros from the currency and were released on January 3rd, have become the sole valid unit of currency in trade; the old banknotes from the Assad era have been phased out. Images of Syrians burning their now-worthless banknotes in the streets have become a trending…
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The 90-day transition period initiated by the Syrian Central Bank as part of its economic reforms to introduce a "new currency" has been completed. The new banknotes, which removed two zeros from the currency and were released on January 3rd, have become the sole valid unit of currency in trade; the old banknotes from the Assad era have been phased out. Images of Syrians burning their now-worthless banknotes in the streets have become a trending…