Iran replaces central bank head in effort to contain cost-of-living protests
Market Intelligence Analysis
AI-PoweredIran has replaced its central bank head in an effort to contain growing protests over the country's high cost of living, which has been exacerbated by the collapse of the currency. The move is seen as a response to the largest demonstrations in the Islamic republic in years. The protests are likely to have a negative impact on the country's economy and currency value.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
Anger over collapse of currency has provoked largest demonstrations in Islamic republic in years
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