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Protesters, police clash over currency crisis in Iran

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    Amy Kellogg reports from London

  • Duration 1:45
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Much unrest growing in Iran as a currency there it takes a nose -- protesters clashing with police that are as a -- and watch their money lose.

More than a quarter of its value just this week.

The cost of food also tripling in some cases many middle class Iranians are forced upon their possessions there -- a reason of course that this is happening Amy -- is live in London.

With more for us now Amy.

Hi -- -- well while there is so much attention on Iran's nuclear program in the Israeli prime minister's request for red lines at.

The talk about further sanctions there is simultaneously.

An incredibly dangerous situation playing itself out in Iran with its currency crisis that many say.

Is really being caused more by economic -- mismanagement at home and by sanctions.

Demonstrations significantly very significantly -- -- this week by the conservative merchant class.

A group that was integral and bring in the clerical regime to power thirty plus years ago.

There were demonstrations about the economy's its currency the -- losing more of a third of its value in just one week.

Unemployment is on the rise in inflation is rampant.

You go out with a lot of cash and I'm quite yet but we'll or even your game because that's a team.

I don't know we have calculated because you -- you don't -- prices are today.

Although the prices never go without.

This woman did not want to be identified -- -- out of fear of retribution.

Or repercussion she said that there is a real sense of panic in Iran right now.

As middle class people watch their savings just melt away in a very important to Ronnie and economists we spoke with this week says.

He fears that this is going to be an autumn of unrest on the streets of Iran -- back to you -- -- dynamic will continue to watch Jamie thank you.

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