Protests have erupted in Tehran after the currency crisis reached a boiling point on Wednesday. The value of Iranian national currency has plunged to historical lows in recent days. The currency has dropped by over 80% in value over the past year. This has resulted in steep rise in prices causing major hardship for businesses and ordinary people. Some factories have aleady shut down, and others are on the verge of doing so.
Sa'di street in central Tehran
Tehran Clashes Reported As Iran Rounds Up Moneychangers - Tehran's Grand Bazaar has reportedly closed as authorities crack down on black-market currency traders in the Iranian capital with the rial plummeting against the dollar.
Iranian Police Clash with Protesters After Currency Plunge - Witnesses in Iran's capital say police have clashed with protesters who were speaking out against a plunge in the nation's currency. Police in riot gear were reported to be breaking up the Wednesday demonstrations in central Tehran. 10/3/12
Currency crisis puts Tehran Bazaar in limbo - Parts of Tehran's Bazaar were shut down today, Wednesday, following the sudden drop in the price of the Iranian national currency and the turmoil in the market.
Video shows a massive protest in central Tehran
Tehran Bazaar on strike
Lalehzar street in central Tehran
Manouchehri street in central Tehran
Streets close to Tehran Bazaar
Istanbul intersection in Central Tehran
Protests in Tehran Bazaar
Tehran Bazaar on strike
Protesters chanting in Tehran Bazaar asking merchants to close their shops
