World | Tehran Tehran Shuttered After Currency Protests Police seek to keep peace at major bazaar By Matt Cantor Posted Oct 4, 2012 7:05 AM CDT Copied An Iranian firefighter extinguishes a burned motorcycle in a street in central Tehran, near Tehran's old main bazaar, on Wednesday, Oct. 3, 2012. (AP Photo) The effects of yesterday's protests—and clashes—over Iran's sinking currency are still being felt in Tehran, with the shops of the city's Grand Bazaar closed today. Police are patrolling the area, which is set to reopen Saturday. Meanwhile, trade groups are saying Mahmoud Ahmadinejad's policies have wreaked havoc on the Iranian economy, Reuters reports. But in a statement recounted by Iranian news, the groups appear to still support Supreme Leader Ayatollah Ali Khamenei, saying they continue to back "the system and the revolution." While the government says inflation is at about 25%, recent price increases point to inflation closer to 50% to 60%, says an economist. Read These Next Negative press coverage should get TV licenses yanked, Trump says. Here's what late-night hosts had to say about Jimmy Kimmel. Autopsy is in for Black student found hanged from tree at college. A judge found Trump's NYT lawsuit was way too long. Report an error