Iran’s central bank governor Abdolnaser Hemmati has dismissed claims of an economic collapse while acknowledging the severe pressure on Iranian households. The national currency has depreciated by approximately 35% against the dollar since July, with inflation reaching 73.6% in September. Iranian families are facing significant price increases, particularly in housing, medicines, and car repairs. Prediction markets indicate a decreased likelihood that President Masoud Pezeshkian will remain in power through December.
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