6-17-2012 Freebird: Those of us who aren't newbies, are experienced enough to ignore they hypers who post for adulation. There is obviously no rate change yet, the banks are not expecting it minute to minute, the IQD is not the world savior and not part of some prosperity package conspiracy. It's Iraq's currency and the CBI will raise the rate as they see fit.
They already have approval from the World Bank, IMF and the Finance Committee. As Shabibi has previously stated the factors to watch are inflation and stabilitiy. Well, inflation is on the rise but there is a ton of instability. Until we see HCL, Erbil, Ministers and announcement of the Strategic Council, the CBI will not make it's move.
Ignore the hypers who clearly don't have a grasp on reality and seem to get pleasure out of providing false hope. Tariffs are coming up at the end of the month. September has also been referenced for almost a year now as a possible introduction time for the new currency. So, keep the faith the investment is solid but stay grounded.