Central Banking

Filipino central bank launches exchange facility for nationals fleeing Syria


The Central Bank of the Philippines has announced the launch of a temporary currency exchange facility that will allow Filipino workers fleeing the conflict in Syria to convert Syrian pounds to Philippine pesos in a four-month window.

The two currencies are not currently convertible, but according to a statement published today (January 16), under the new facility Filipino workers and their families will be able to exchange up to 10,000 pesos ($246) per person. Anyone wishing to make the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: