TEHRAN: The head of Iran’s Central Bank resigned on Monday as protests erupted in Tehran and several other cities after the country’s currency plummeted to a new record low against the US dollar.
State TV reported the resignation of Mohammed Reza Farzin, as hundreds of traders and shopkeepers rallied on Saadi Street in downtown Tehran and in the Shush neighborhood near Tehran’s main Grand Bazaar.
The official IRNA news agency confirmed protest gatherings.
Witnesses reported similar rallies in other major cities, including Isfahan in central Iran, Shiraz in the south, and Mashhad in the northeast.
In some places in Tehran, police fired tear gas to disperse protesters.
