Level 3, Eurasia, Iran. We work with many of the world’s largest corporations and financial agencies and provide them with economic, political, industry and risk advice across all industry sectors and throughout the entire Eurasian region. Our clients include 80 multinationals, trade organisations and financial institutions working across the region.
On February 21st the FATF lifted the suspension on Iran and restored sanctions, effectively blocking international banks from dealing with Tehran. That action led to a kneejerk 14% decline in the “street” value of the rial versus the US dollar.