Iranian rial

Iranian rial collapsing amid geopolitical tensions with the US

Eric Garland DataLab

The Iranian rial is in dire straits as NATO force moves to clash with Iran’s proxy state, Syria. As Russia is also behind the rogue Syrian regime – and considering Russia’s support for the Iranian Islamic Republic – this macroeconomic shock is inevitable and likely to worsen. Consider also the skyrocketing inflation in Iran. We expect significant geopolitical shift of …