Iran’s Currency Crisis Attracts Foreign Meddling

Photograph Source: User:Qian.neewan – Public Domain

In early January, several currency trackers briefly displayed the Iranian rial’s value as “$0.00,” unable to process the speed and scale of the depreciation, making it unexchangeable on important international trading platforms. The fallout quickly translated into a protest in Teheran’s bazaar district and eventually led to a mass unrest.

Unlike the 2019 fuel price protests or 2022 women-led demonstrations, this wave was initiated...