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Iran's Currency Crisis Sparks Protests, Government Promises Action

12/30/2025

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Story summary
  • The Iranian rial has fallen to about 1.42 million per US dollar, hurting sales.
  • Iranian President Masoud Pezeshkian has called for dialogue with protesters amid Tehran shopkeepers' demonstrations.
  • Protesters demand government action to stabilize the currency and curb rising costs.
  • Chief Justice Gholamhossein Mohseni Ejei urged swift punishment for those responsible for currency fluctuations.
  • The government plans to replace the central bank governor to tackle inflation, officially 52 percent.