Iran’s rial is firming against safe-haven currencies after a steep fall that started in early December.

Iranian Foreign Minister says it is “premature” to make any predictions about Syria’s future as that there will be a multitude of developments in the Arab country, given the recent collapse of President Assad’s government.

Iran’s official statistics agency says headline inflation dropped to 32.5% in the December.

Syria's de-facto ruler has appointed Asaad Hassan al-Shibani as the country’s new foreign minister following the fall of President Basher al-Assad’s government earlier this month.

Iran’s central bank says annual inflation in November was the lowest in four years.

Iran lost some $450 million in revenues because of a drop in semi-finished steel production in Apr-Nov.

Turkey has officially reopened its embassy in the Syrian capital, Damascus, after closing it 12 years ago when the foreign-sponsored Syrian conflict intensified.