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Baztab,
an Iran-based website, reports that Tehran's Bazaar went on strike on
Wednesday, October 3, 2012 as merchants and shopkeepers protest against
the free fall of the national currency. The Iranian rial hit an all-time
low against the US dollar on Tuesday, as one dollar exchanged to about
34,000 rials. According to Baztab, the Iranian regime tried to
counteract the rise of foreign currencies by filtering websites
announcing the exchange rates. President Mahmoud Ahmadinejad told
reporters on October 3, that the slump was the result of the “temporary
problem” of the international embargo on importing Iranian oil.
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