Overview
- The rial sank on the unofficial market to about 1.42 million per US dollar, freezing trade and pushing some import sellers to halt sales or move online.
- Demonstrations spread beyond Tehran to cities including Isfahan, Kerman and Qeshm, with rallies reported at major universities and at least four student arrests in the capital.
- Security forces deployed tear gas and conducted detentions as the judiciary warned of a firm legal response and cautioned against alleged foreign interference.
- President Massud Peseschkian met business groups, directed the Interior Ministry to hear protesters’ demands and signaled economic steps including a change at the central bank.
- State outlets reported Mohammad Reza Farzin’s exit and the naming of Abdolnasser Hemmati to lead the central bank, while Mossad issued a rare Farsi message on X encouraging protesters.