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.
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