Syrian central bank issues new banknote

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The Central Bank of Syria

Syria’s central bank has issued a new large-denomination banknote in response to the country’s rapidly rising inflation, Arab media outlets have reported.

The Central Bank of Syria began circulating the 5,000-lira banknote on January 24, the London-based newspaper Asharq al-Awsat reported. The newspaper said the new banknote shows a soldier saluting the Syrian flag on one side, and a fresco from the Baal Shemin Temple in Palmyra.

Using official exchange rates, 5,000 Syrian lira are worth $9.75

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