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Inside Iran’s protests: How a plunging currency set off wide unrest

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Demonstrators take part in a protest against the Iranian government in Frankfurt, Germany, on Jan 10.

Demonstrators take part in a protest against the Iranian government in Frankfurt, Germany, on Jan 10.

PHOTO: EPA

Erika Solomon, Sanam Mahoozi and Sanjana Varghese

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TEHRAN - Well before the latest wave of protests in Iran, Saeed, a technology entrepreneur in Tehran, was ready for them.

For months, it felt as if he and his country were in free fall. He had spent many sleepless nights since Israeli forces battered Iran’s nuclear facilities in June agonising over his family’s future and whether more war was inevitable. A deepening economic crisis forced him to lay off his employees. All the while, Iran’s plummeting currency was evaporating his savings.

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