Mass Protests Erupt in Iran Amid Record Currency Collapse

Iran is witnessing its largest protests in three years, triggered by soaring inflation and the national currency plunging to a record low against the US dollar.

The demonstrations have spread across Tehran and several major cities, beginning on December 28 with store owners protesting at the Grand Bazaar in the capital. By December 29, the head of Iran’s Central Bank resigned amid the unrest, The Caspian Post reports via DW.

Security forces have reportedly used tear gas against protesters, while videos show gunfire and participants fleeing police during street clashes.

President Masoud Pezeshkian called on the country’s top leadership to heed the protesters’ legitimate demands.

On December 31, an organized group tried to enter the city administration building in Fasa, but was blocked by security forces. The group’s leader, a 28-year-old woman, was arrested. Four people were detained and three security personnel were injured during the incident.