Iran Replaces Its Central Bank Governor Amid a Rial Collapse and Inflation Above 40% – The Authorities Declare Holidays and Close Institutions in a Bid to Contain Protests by Businesses and Students

Posted by swimmingupclose

3 Comments

  1. swimmingupclose on

    I didn’t particularly realize the dire situation with Iran’s currency through this entire protest cycle. Not only has it hit all time lows and pushed inflation to 40%, it has also truncated their ability to buy some of the items they would need to rebuild their defense apparatus. Going to be a tough couple years for the people of Iran, no matter which way this pans out.

  2. MeringueSuccessful33 on

    Yeah. Gonna say that isn’t going to mollify the protestors given the IRGC just shot a bunch of them.

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