US EditionIran Central Bank governor resigns as protests erupt over currency drop
Mohammad Reza Farzin resigned amid record rial lows at 1.42 million to the dollar and inflation rising to 42.2%, triggering protests and market closures across major Iranian cities.
- Protests erupted in Tehran as Iran's currency fell to a record low of 1.42 million rials to the dollar, according to reports from The Associated Press.
- The head of Iran's Central Bank, Mohammad Reza Farzin, resigned amid the protests, as confirmed by state TV.
- Many traders shut their shops in solidarity, with some protests occurring in other cities, as noted by the official IRNA news agency.
- The protests were marked by anti-government slogans, and in some areas, police fired tear gas to disperse demonstrators, as reported by witnesses.
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Iran state TV reports the Central Bank governor has resigned as the currency hit a record low against the US dollar, reports AP.
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Iran state TV reports the Central Bank governor has resigned as the currency hit a record low against the US dollar
Iran state TV reports the Central Bank governor has resigned as the currency hit a record low against the US dollar.
Thousands of people took to the streets in the wake of the collapse of the national currency.
'Death to the Dictator': Iran’s economic protests gain momentum
The economic protest that began a day earlier in the Iranian capital, Tehran, continued to gather pace as thousands of merchants and residents took to the streets at several locations across the city. Large parts of Tehran saw commercial activity shut down as shopkeepers joined the demonstrations. Police responded by using tear gas and rubber bullets. According to reports on social media, at least several protesters were injured by the fire. Aro…
In Iran, the grunt rises in the face of currency depreciation and galloping inflation, pushing traders to strike Traders in Tehran closed shop Monday for the second day
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Bias Distribution
- 58% of the sources are Center
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