New Syrian Central Bank Governor aims to boost bank independence amid eased U.S. sanctions.

Syria's new Central Bank Governor, Maysaa Sabreen, plans to enhance the bank's independence in monetary policy decisions, a shift from the Assad regime's control. Sabreen aims to tackle high inflation and stabilize the currency by restructuring state-owned banks and expanding Islamic banking. The US has eased sanctions for humanitarian aid and energy, but the central bank remains sanctioned.

2 months ago
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