Monday brought significant turmoil in Tehran as Iran's central bank chief Mohammad Reza Farzin stepped down amid mounting civil unrest. The trigger? A currency crisis that hit hard over the weekend—the rial plummeted to an unprecedented 1.42 million per dollar on Sunday, marking a historic low. When national currencies face such severe depreciation, it typically sparks broader market instability and pushes investors toward alternative value stores. This kind of macroeconomic breakdown often drives renewed interest in decentralized assets as capital seeks refuge from fiat currency volatility.
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VitalikFanAccount
· 3h ago
Another central bank governor in Iran has stepped down. Who can withstand the rial collapsing like this?
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ForkMaster
· 11h ago
Another national-level wealth code is here. I've seen Iran's devaluation trend in 2015 with Venezuela before. History always repeats itself... As a parent of three kids, I've already prepared and registered. Why not jump on the train now?
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GateUser-40edb63b
· 11h ago
Another country's currency has collapsed, this time it's Iran.
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0xDreamChaser
· 12h ago
Iran is at it again and again. This time, it's really hard to handle.
Monday brought significant turmoil in Tehran as Iran's central bank chief Mohammad Reza Farzin stepped down amid mounting civil unrest. The trigger? A currency crisis that hit hard over the weekend—the rial plummeted to an unprecedented 1.42 million per dollar on Sunday, marking a historic low. When national currencies face such severe depreciation, it typically sparks broader market instability and pushes investors toward alternative value stores. This kind of macroeconomic breakdown often drives renewed interest in decentralized assets as capital seeks refuge from fiat currency volatility.