Protests Spread Across Iran After Rial Hits Record Low, Inflation Hits Hard
December 30, 2025
Protests and strikes have spread across Iran for a third day, after the Iranian rial fell to a record low against the US dollar. The unrest began in Tehran’s Grand Bazaar on Sunday when shopkeepers stopped work. Since then, protests have erupted in cities including Karaj, Hamedan, Qeshm, Malard, Isfahan, Kermanshah, Shiraz, and Yazd. Police used tear gas to try to disperse the crowds.
The Iranian government said it "recognises the protests" and promised to listen "with patience, even if it is confronted with harsh voices." President Masoud Pezeshkian told the media he directed the interior minister to negotiate with "representatives" of the protesters to find solutions.
Pezeshkian also accepted the resignation of central bank chief Mohammadreza Farzin. He appointed Abdolnasser Hemmati, a former economy and finance minister, as the new governor.
University students joined the protests, chanting anti-government slogans like "Death to the dictator," targeting Supreme Leader Ayatollah Ali Khamenei. Some protesters shouted support for Reza Pahlavi, son of the late Shah overthrown in 1979, saying "Long live the Shah."
Reza Pahlavi, living in US exile, responded on X: "I am with you. Victory is ours because our cause is just and because we are united." He added, "As long as this regime remains in power, the country's economic situation will continue to deteriorate."
The US State Department’s Persian-language account expressed support for the demonstrations, praising protesters’ courage and standing with those seeking "dignity and a better future."
Iran’s currency and economy were reportedly discussed at a meeting in Florida between US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu. Trump said, "They've got a lot of problems: tremendous inflation, their economy is bust." He also hinted he might support Israeli air strikes if Iran rebuilt missile or nuclear programs.
Iran denies any nuclear weapons aim and warned that any "oppressive act of aggression" against it would receive a "severe and regret-inducing" response, said President Pezeshkian.
Supreme Leader Khamenei accused Israel of hoping protests would topple Iran’s government during recent conflicts but claimed the people were "absolutely not influenced."
The protests highlight growing anger over Iran’s ongoing economic crisis and sharp currency decline.
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Tags:
Iran Protests
Currency Crisis
Inflation
Iranian Rial
Us-iran tensions
Tehran Unrest
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