According to local media, security forces are using tear gas against the protesters, and in some cases, gunfire can be heard as participants in the demonstrations try to avoid arrest.
The main reasons for the protests are the sharp decline in the value of the Iranian rial in unofficial markets, which is occurring against the backdrop of increasing sanctions pressure. As reported by Reuters, on Monday, December 29, the exchange rate reached a record level of 1.39 million rials per dollar, exacerbating inflationary risks and paralyzing trade, including imports, as market participants await currency stabilization, as noted by AFP.
The protesters are demanding urgent measures from the government to stabilize the exchange rate and develop a clear economic strategy. In addition to economic demands, political slogans such as "Death to the dictator" and "Freedom" are being chanted at the rallies, as reported by Iran International.
On Monday evening, Iranian President Masoud Pezeshkian addressed the nation via social media, emphasizing the need to respond to citizens' demands and outlining reforms in the monetary, credit, and banking systems, as well as measures to support the purchasing power of the population.
