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Iran central bank governor resigns amid currency crisis  

The Islamic Repubic named a new governor for its central bank and arrested currency brokers, as the rial nosedived to the lowest rates ever recorded.  
Iran market

The Iranian government named a new governor for the country's central bank, and arrested 96 currency brokers in an attempt to halt unprecedented plummeting of the national currency.  

Following a cabinet meeting in Tehran on Thursday, Mohammad-Reza Farzin replaced former central bank governor Ali Saleh-Abadi, who resigned from his post following weeks of pressure.   

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