REMEMBER THIS DATE: 1 JULY FOR RIAL SANCTIONS

Note well that the effective date for the imposition of US sanctions on foreign financial institutions is 1 July. As you get closer to that date, the chances that both criminal organisations, and terrorist financing groups, will be divesting themselves of their rials, held outside Iran, will peak. After that, these groups will be looking to place their stash of the new currency; watch for it.