Dollar Exchange Rate Hits 1.4 Million Rials Amid Deadly Protests

American military installations across the Middle East have been placed in Iran’s crosshairs following President Trump’s warning about intervention over the deadly protests gripping the country. Iran’s parliament speaker delivered the threat Friday, marking a dangerous escalation in tensions between the two nations.
At least seven fatalities have been reported since demonstrations began Sunday, driven by mounting public anger over catastrophic economic conditions. The protests started with Tehran shopkeepers voicing frustration over government policies but have spread as economic grievances intensify nationwide.
Trump’s statement that America would intervene if Iranian forces use lethal measures against peaceful demonstrators has drawn immediate backlash from Tehran’s power structure. An adviser to Supreme Leader Ali Khamenei warned that US interference would trigger widespread chaos across the region, potentially destabilizing multiple countries.
The economic factors driving the unrest are severe. The national currency has plummeted to approximately 1.4 million rials per US dollar, while official statistics show inflation reached 42.5 percent in December. Combined with weak economic growth, these conditions have devastated citizens’ purchasing power and created widespread economic distress that has overwhelmed public tolerance.
President Pezeshkian’s administration has attempted to demonstrate openness to public concerns. In televised remarks, Pezeshkian invoked religious teachings to frame addressing livelihood issues as a moral imperative. However, he has been candid about his government’s limited capacity to combat the currency crisis. The prosecutor general has sought to validate peaceful economic protests while threatening decisive responses to security threats, though maintaining this distinction becomes increasingly difficult as demonstrations intensify.