Iran’s Currency Crashing

Signs of public dissatisfaction are appearing in Iran with protests in central Tehran today.  Iran’s currency has lost more than 50% of its value in the last week.

Police in the hundreds with anti-riot gear swarmed the capital around the currency exchange district looking for illegal money changers and closing other legally operating venues down, according to witnesses reporting to AFP (Agence France-Presse).

According to the witnesses, many were arrested, smoke was seen in at least two places and stones where being thrown at police.

Ahmadinejad however, blames the sanctions imposed by the USA and European Union for the freefall of their currency but remains defiant and committed to Iran’s nuclear program “We are not a people to retreat on the nuclear issue… If somebody thinks they can pressure Iran, they are certainly wrong and they must correct their behaviour,”.


5 thoughts on “Iran’s Currency Crashing”

  1. Once again the Jews and the America which is really controlled by the Jews is causing mischief. Why should Israel alone have nuclear weapons in the middle east but not Iran?

  2. This is going to seriously criple Iran financially. How long will the people stand this rubbish before they start a new revolution against the mad mullahs?

  3. What authority does the US have to preach non nuclear status for Iran being that they are the only ever to use nuclear weapons against another nation? Karma is a bitch and it will hit you back, only matter of time before the US is nuked.

  4. Cant wait for the day we migrate to a new source of energy that the Arabs dont have abundance of. We are hostage to them and their never-ending jihad because they have so much control over the oil. Fate has a very upside down way of dealing with his sometimes.

  5. Damn. the Iranian nation has some balls to stand up against everyone in such tough conditions.

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