Even some Iraqi money changers are refusing to accept Iranian banknotes, saying they have little use for a currency that is so volatile.Tehran's state-run pilgrimage company owes Iraqis about $75 million in unpaid bills that have piled up since last year, according to Mahmoud Abdul-Jabbar al-Zubaidi, the head of the tourist department at Iraq's Ministry of Tourism and Antiquities.
Iraqi Tourist Sector Hurt By Iran's Currency Pain
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.