Syria · Country watch
Dollar Steadies, Gold Prices Rise, Green Economy Focus
The Syrian pound stabilises as gold prices rise; Syria explores green economy opportunities amid reconstruction efforts.
The picture Stable How this is judged →
Business conditions in Syria remain stable with currency rates steadying and gold prices rising. The focus on the green economy at COP31 could open new investment avenues.
In this briefing Syrian pound · Gold · Federal Reserve · Ahmed Shar'a · COP31 · Syria
Markets
Dollar and Euro Rates Steady Against Syrian Pound
Part of: Syrian Pound faces ongoing currency volatility →
The exchange rates for the dollar and euro against the Syrian pound remained stable in the black market on 11 November 2026, according to aks alser. The rates are considered more accurate than official figures and are updated continuously. This stability follows recent fluctuations in the currency market, which have seen the Syrian pound under pressure. The consistency in exchange rates provides a measure of predictability for traders and businesses operating in Syria.
Impact Importers and exporters gain predictability with stable dollar and euro rates against the Syrian pound.
Sources: aks alser ↗
Gold Prices Rise Despite US Rate Hike Expectations
Gold prices increased on Wednesday following a sharp decline in the previous session, SANA reports. The rise is limited by expectations of a US Federal Reserve interest rate hike next month, driven by stronger-than-expected inflation data. Spot gold rose 0.6% to $4,057.33 per ounce, while December futures climbed 0.9% to $4,065.40. The market remains sensitive to US monetary policy signals.
Impact Gold traders and investors see slight gains as prices recover, though US rate hike expectations limit potential profits.
Sources: SANA ↗
Politics
Syria Eyes Green Economy at COP31 Summit
Syria's participation in the COP31 climate summit in Turkey is seen as a significant step towards integrating into global green economy initiatives, Al-Watan reports. Economic expert Dr. Yassin Al-Ali highlights the potential for Syria to benefit from international funding and modern technologies. The focus is on renewable energy, climate-smart agriculture, and sustainable development. The summit offers Syria an opportunity to enhance its presence in developmental cooperation and attract green investments.
Impact Energy and agriculture sectors in Syria could benefit from international green investment and technology transfer.
Sources: Al-Watan الوطن ↗
Nothing significant reported today in Regulation · Disruption · Internal tension · Safety & health · Companies · Trade.
Also today in the local press
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Sources in this briefing
Sources: each headline links to the original article on the publisher's site.