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Iran Currency Crisis Fuels Protests Amid Economic Turmoil
Widespread protests have erupted in Iran due to the collapse of the national currency and a 42.2% inflation rate, destabilizing markets and straining household finances. The Iranian Rial hit a record low against the U.S. dollar, prompting the resignation of the central bank head, Mohammad Reza Farzin, amidst growing public discontent. The economic crisis presents a significant challenge to the government as it grapples with internal unrest and external pressures.
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