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Syria Reopens US Federal Account

Karam Shaar Advisory · International

Arabic title
(سوريا) تعيد الحساب الفيدرالي للولايات المتحدة
English title
Syria Reopens US Federal Account
Published
UTC
Topic
Politics
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From the text

Home » Our Work » Blog » Syria Reopens Us Federal Account March 5, 2026 Syria Reopens US Federal Account Syria reopens its sovereign state account at the US Federal Reserve in New York This is important! The account can be used to hold USD reserves, settle transactions with international institutions, and, most importantly in the Syrian case, serve as a conduit to private banks to facilitate the purchase of goods and services. Syria has been struggling to find oil suppliers other than Russia, in part because of the state’s disconnected banking sector.Whatsapp
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  • Karam Shaar Syria reopens its sovereign state account at the US Federal Reserve in New York This is important! source ↗