Iran appoints new central bank governor after protests as currency hits record low
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Euronews.com
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Iran appointed Abdolnasser Hemmati as the new central bank governor amid an economic crisis and mass protests due to a significant decline in the rial's value against the US dollar. The protests, sparked by a 40% inflation rate, have led to public discontent and business closures. Hemmati's agenda focuses on controlling inflation and addressing bank mismanagement. The situation is exacerbated by Western sanctions and rising prices of essentials. Teljes cikk (Euronews.com)