Latest update: October 4th, 2012
Iranian police has used tear gas against demonstrators who burned tires and garbage cans, the BBC reported on Wednesday. Many were arrested.
Eyewitnesses told the BBC that dozens assembled outside Iran’s central bank in Tehran, urging the bank governor to stand down and chanting anti-government slogans.
The protesters targeted President Ahmadinejad’s government, which they say is mismanaging the economy are unable to avert Iran’s currency crisis.
Over the past week, Iran’s coin, the rial, has sunk to a record low against Western currencies.
Money dealers and bazaar traders were among the demonstrators.
Images posted online show hundreds of people marching towards Iran’s central bank.
Reports say many shops in the central Grand Bazaar were gated down in solidarity with the demonstrators.
Viewers of BBC Persian channel in Iran say the government has been jamming its signal after the Persian-language channel first reported the Tehran protests.
Hundreds of police are reported to have rounded up illegal money changers in Tehran.
According to the BBC, Tehran’s bazaar is the biggest financial ally of the Iranian regime, since it bankrolled the 1979 Islamic revolution.
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