Local exchange markets witnessed a notable improvement in the Syrian lira's value against the US dollar on Sunday, driven by the rapid military victories achieved by the Syrian Army in the Jazira region. The market opened trading today at 11,650 lira for buying and 11,750 lira for selling. As news of field advances continued to pour in, the lira recorded a significant improvement, reaching approximately 11,100 lira per dollar.
This improvement comes following the Syrian Operations Command's announcement of the liberation of the cities of Tabqa and Raqqa, in addition to the complete liberation of Deir ez-Zor Governorate, paving the way for the Syrian state to reclaim its largest oil and gas facilities. The Syrian Petroleum Company confirmed that it has entered all liberated fields to resume operations and production, noting that the army has established control over strategic facilities including:
- The strategic Al-Omar field and Al-Tank field
- Conoco gas facility and Al-Jafra field
- Al-Azba, Tayana, Jido, Maleh, and Azraq fields
Yesterday, the Syrian Petroleum Company officially received the Rasafa and Safyan fields from army units following the liberation of the Deir Hafer and Maskana areas, in preparation for putting them back into service according to approved plans.
Experts confirmed that the recovery of these oil and gas resources has significantly improved the "psychological factor" in the market, as confidence in the state's ability to support the treasury with national energy resources has been strengthened.
It is worth noting that the return of these fields to Syrian sovereignty not only means securing domestic needs but also represents a fundamental pillar for exchange rate stability and easing economic pressure, amid optimism that this positive trajectory will continue as military operations progress.