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Friday, January 16, 2026
B1 Intermediate ⚡ Cached
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Iran Currency Crisis Sparks Protests

Iran's money, the rial, has fallen very low. This has made many people in Iran unhappy. Since Sunday, people have protested and gone on strike in many cities. The rial is now at its lowest point ever compared to the US dollar. This shows big economic problems that have made people angry. The protests first started with shopkeepers in Tehran.

The protests are now happening in other cities too. Cities like Karaj, Hamedan, and Isfahan have seen similar gatherings. Police have used tear gas to stop the crowds. This shows that the situation is very tense. People are shouting slogans against the government. They are very unhappy with the situation.

President Masoud Pezeshkian has spoken about the protests. He said on Monday that he wants talks. He has asked the interior minister to speak with people who are unhappy. The goal is to find ways to fix the economic problems. They also want better management of the country.

The economic problems have also led to changes in important jobs. The governor of the central bank, Mohammadreza Farzin, has resigned. Abdolnasser Hemmati is now the new governor. People will watch to see if he can help the rial become stronger. These quick changes show how serious the leaders think the situation is.

High prices and the falling value of the rial are the main reasons for the protests. For a long time, Iran's economy has faced problems. These include international sanctions and bad management. Now, prices are rising fast. People cannot afford things, and they have reached their limit.

These events in Iran are also noticed outside the country. Reza Pahlavi, who lives outside Iran, sent a message of support to the protesters. This outside support may not change things inside Iran. However, it shows the political side of the crisis. It highlights that some people want change in Iran.

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