Overview
- State and semi-official outlets reported full or partial shop closures at Tehran's Grand Bazaar and street gatherings by traders protesting economic conditions.
- Black-market trackers showed the rial near 1.42 million per US dollar on Sunday before a modest rebound to about 1.39 million on Monday.
- Import-focused retailers, notably electronics sellers, paused in-person sales or shifted to online listings to reprice quickly during currency swings.
- Iran’s top judge said hoarding foreign currency constitutes a crime and should be punished severely.
- Semi-official media reported the central bank governor, Mohammad Reza Farzin, has resigned and named Abdolnaser Hemmati as a possible replacement, with official confirmation still pending.