New 500 SYP banknotes to be in circulation soon, CBS says

Damascus, SANA – Governor of the Central Bank of Syria (CBS) Adib Mayala announced that new banknotes of 500 Syrian pounds will be put in circulation in the coming few days.

He said in a statement to SANA that the new notes will be circulated along with those currently in use for a certain period of time before the latter are gradually withdrawn.

The new issue of notes comes within a plan which the CBS started in 2010, where banknotes of 50, 100 and 200 Syrian pounds have been produced so far.

What characterizes the new banknotes, Mayala said, is that they will have different colors, depiction and figures and will be made of better-quality materials “in a way to reflect the cultural and historical image of Syria and protect the banknotes from getting worn out”.

Other characteristics pertaining to security have been taken into consideration in the newly printed banknotes, the Governor added.

H. Said

 

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