Plunging Currency and Protests in Iran

Thursday, October 04, 2012

Iranian riot police stand next to a garbage container which is set on fire by protesters in central Tehran, near the main bazaar, on October 3, 2012. (AFP/Getty Images)

Yesterday, hundreds of demonstrators flooded the streets of Tehran chanting anti-government slogans and setting garbage cans on fire. The cause of the protests: money. Over the past week, the rial hit a record low, losing forty percent of its worth against the dollar.

Kelly Niknejad is following the situation in Iran closely. She’s the founder and editor of the Tehran Bureau


Kelly Niknejad

Produced by:

Kristen Meinzer

Comments [1]

Larry Fisher from Brooklyn, N.Y.

Looks like its over for Mahmoud Ahmadinejad. I hope the next guy has an easier name to say and spell.

Oct. 04 2012 12:25 PM

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