The overthrow of Bashar al-Assad’s regime in Syria has had major political and economic repercussions on Iran, with the toman falling to a record low in trading at the end of last week after Assad’s fall .
In the Iranian capital, Tehran, the price of the US dollar jumped in the parallel market to more than 740 thousand riyals, while the unofficial price of the euro reached more than 770 thousand riyals .
The Iranian rial has lost more than 20 % of its value since the start of the recent tensions in Syria and Lebanon weeks ago, according to the German News Agency .
Currency traders in Iran fear that the dollar price could reach one million rials if the conflict in the Middle East continues for a longer time .
It is worth noting that the Bashar al-Assad regime was a strong ally of Iran, and changing the regime in Syria is considered a weakening not only of the Iranian role in the region but of the Iranian foreign policy doctrine as a whole.
