Brief by Shorts91 Newsdesk / 04:24pm on 30 Dec 2025,Tuesday International
Iran erupted into major protests Monday as the rial plunged to a record low of 1,390,000 against the US dollar, with demonstrations spreading across Tehran and several major cities. Western sanctions have devastated the economy, causing food prices to surge for Iran's 92 million population. Central bank chief Mohammad Reza Farzin reportedly resigned amid the crisis. Traders shut shops urging nationwide solidarity while protesters clashed with security forces, resulting in multiple arrests. President Masoud Pezeshkian acknowledged the "legitimate demands," promising fundamental reforms to the monetary and banking system. He tasked the interior minister to engage protesters through dialogue. Government spokesperson Fatemeh Mohajerani admitted authorities recognize the significant pressure on citizens and don't defend the current situation.
