Jakarta – Nearly 26 tons of gold reserves were found after the fall of Bashar al-Assad’s regime in Syria. The amount is roughly the same as the 2011 report, or when the civil war broke out in Syria.
Quoted from Reuters, Wednesday (12/18/2024), according to the Central Bank of Syria, Syria’s gold reserves were reported to reach 25.8 tons in June 2011. Although in the latest findings, Syria only has a small reserve of foreign currency in cash form.
The gold reserves, nearly 26 tons, are estimated to be worth US$ 2.2 billion or Rp 35.20 trillion. (kurs Rp 16.000). Meanwhile, the central bank’s foreign exchange reserves are recorded at US$ 200 million or Rp 3.2 trillion.
Other sources mention that the reserves of US dollars reach hundreds of millions. By the end of 2011, the Syrian central bank reported foreign exchange reserves of US$ 14 billion. Meanwhile, in 2010, the IMF estimated Syria’s foreign exchange reserves to be US$ 18.5 billion.
The US dollar reserves are nearly depleted because the regime has increasingly used them to fund food, fuel, and the war waged by Assad.
The new Syrian government is still inventorying assets after Assad fled to Russia on December 8. The looters managed to access parts of the central bank, taking Syrian pounds although they failed to breach the main vault.
26 Tons of Gold Worth Rp 35 Trillion Found After Assad Regime Collapses in Syria
