Iran has appointed Abdolnasser Hemmati as the new central bank governor following widespread protests against the country's struggling economy. The protests were fueled by a significant decline in the Iranian Rial's value against the US dollar and a 40% inflation rate, impacting daily necessities. Hemmati's predecessor, Mohammad Reza Farzin, resigned amid the unrest. The new governor's agenda includes controlling inflation, strengthening the currency, and addressing bank mismanagement. While demonstrations have largely subsided in Tehran, they spread to rural areas, with some fatalities reported.