Syria: Deleting two zeros from the local currency to enhance economic stability Damascus - Bahralarab The Syrian government announced this evening the deletion of two zeros from the local currency as part of an ambitious plan to restore the stability of the national economy and combat rampant inflation since the war years. An official source explained that the step aims to simplify financial transactions, enhance the confidence of citizens and investors, and facilitate internal and external commercial operations. This step comes in light of continuing economic pressures, scarcity of resources, and international sanctions imposed on Damascus, which makes the success of the operation dependent on the government's ability to maintain market stability, prevent speculation, and work to control the prices of basic commodities. Strategic Insight Revaluing the currency is an important step at the national economic level, but it carries a political risk; as it depends on security stability and political partnership with the rest of the Syrian components, and all of this with this step that may directly affect Syria's negotiating power with international creditors, and puts Damascus to the test of its ability to restore economic confidence internally and externally.