Iran Central Bank governor resigns as protests erupt over currency drop

The head of Iran’s Central Bank resigned on Monday as the biggest protests since 2022 erupted in Tehran and other cities after the country’s currency plummeted to a new record low against the US dollar. The resignation of Mohammad Reza Farzin was reported by state television, as traders and shopkeepers rallied in Saadi Street in downtown Tehran as well as in the Shush neighbourhood near Tehran’s main Grand Bazaar. Merchants at the market played a crucial role in the 1979 Islamic Revolution that...