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Home > World > Iran On Boil: 36 Dead As Massive Protests Rage For 10th Day, Currency Collapse And Inflation Push Nation To Brink

Iran On Boil: 36 Dead As Massive Protests Rage For 10th Day, Currency Collapse And Inflation Push Nation To Brink

Iran is witnessing its biggest protests in years as nationwide demonstrations enter their 10th day amid a deepening economic crisis. At least 36 people have been killed as anger grows over soaring inflation and the collapse of the rial. A new $7.70 monthly cash payout announced by the government has failed to calm the unrest.

Published By: Zubair Amin
Last updated: January 7, 2026 11:30:07 IST

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Iran protests are swelling with the death toll rising to 36. On Tuesday, thousands of Iranians poured into the streets again as the country’s largest protests in years entered their 10th consecutive day, fueled by deepening anger over a collapsing economy and a government stimulus plan widely seen as inadequate.

The fresh wave of demonstrations came a day after authorities announced a modest monthly cash assistance program.

Iran Announces $7.70 Monthly Payment

On Monday, Iranian officials said around 80 million eligible citizens would receive 10 million Iranian rials per month, an amount worth approximately $7.70 at real exchange rates.

Government spokeswoman Fatemeh Monajerani announced the measure during a televised address, saying the funds would be distributed through direct deposits in the form of a credit.

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She said the assistance could be used to purchase basic household necessities and was intended to help “reduce the economic pressure on the people.”

The plan involves redirecting nearly $10 billion previously spent each year on subsidizing select imports. According to the New York Times, the government hopes the shift will help ease inflation and improve access to food as living costs surge.

Iran Protests: Death Toll Rises Amid Escalating Unrest

The demonstrations have turned increasingly volatile. At least 36 people,  including 34 protesters and two members of Iran’s security forces, have been killed since the unrest began, according to the Human Rights Activists News Agency.

More than 1,200 people have also been detained during the crackdown, the agency reported.

Iran Currency Collapse and Inflation Deepen Crisis

Iran’s economic woes have been compounded by a historic collapse of its national currency. On Tuesday, the rial was trading at a record low of 1.46 million to the US dollar. By comparison, the exchange rate stood at around 430,000 rials to the dollar in 2002.

Inflation has also surged sharply. Prices of food and essential goods have soared as the inflation rate climbed to at least 42.2% compared to the same period last year.

Further straining the economy, the United Nations imposed new sanctions on Iran in September, pushing the country deeper into economic distress.

Iran Protests Spread Nationwide Since December

The protests began on December 28 in Tehran and quickly spread to dozens of cities across the country. The demonstrations have been largely led by traders, shopkeepers, and university students, many of whom say daily life has become unaffordable amid soaring prices and a rapidly weakening currency.

In several cities, rallies escalated into fierce confrontations, with demonstrators openly calling for the removal of Supreme Leader Ali Khamenei, who is 86 years old.

Security forces have responded forcefully in some instances, firing tear gas and plastic bullets to disperse crowds.

Donald Trump Issues Warning as Unrest Grows In Iran

As tensions intensified, US President Donald Trump weighed in on the crisis on Friday, issuing a stark warning to Iranian authorities.

“If Iran shots [sic] and violently kills peaceful protesters, which is their custom, the United States of America will come to their rescue,” Trump said.

“We are locked and loaded and ready to go,” the president added, without providing further details.

Also Read: Will Iran’s Monthly $7 Offer To 80 Million Citizens Ease The Deepening Economic Crisis Amid Massive Protests? All You Need To Know

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