Protests erupt across Iran over country's currency plunging to record low

Monday’s protests were the biggest since 2022, in response to 22-year-old woman dying while in police custody after being arrested for allegedly not wearing her hijab properly.

Published: December 30, 2025 9:08am

Updated: December 30, 2025 9:09am

Iranians on Monday protested on Tehran city streets over their currency plummeted to a record low against the U.S. dollar, which has resulted in the head of the country's Central Bank resigning. 

The protests, in downtown Tehran and in the Shush neighborhood near Tehran’s main Grand Bazaar, were reportedly the largest in Iran in three years. Merchants at the market played a crucial role in the 1979 Islamic Revolution that ousted the monarchy and brought Islamists to power, according to CNN

State TV reported the resignation of Mohammad Reza Farzin, the governor of the Central Bank of Iran. 

Police fired tear gas to disperse protesters in Tehran, CNN also reports.

Protests in other major Iranian cities including Isfahan, Mashhad and Shiraz were also reported.  

Monday’s protests were the biggest since 2022, in response to 22-year-old Mahsa Jina Amini dying while in police custody after being arrested for allegedly not wearing her hijab properly.

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