Kaperoni: I want to keep a positive attitude that "coming period" is within a few months. Remember there is a facilitator that is ready to go after making a deal in September. I don't expect they like just sitting and waiting either.
Not to mention, there is some money involved in setting up the trading room. I continue to see people relating the 1st of the year with this event. Yes, Shabibi himself stated this as it relates to the accounting records, budget etc.
But unless they RV the dinar to be worth more than the dollar, it has no effect. Therefore, as stated several times, we expect a float which will be gradual over time rising to 1 to $1 over a period of months.
This accomplishes much of what Iraq needs economically, WTO, convertable currency, ISX, investment, etc. to move forward. As for the GOI, they then would have to wait to 2014 to "officially announce" the lifting of the zeros and implementation which would take effect on the 2014 budget hopefully giving them a rate that would help them reduce the cost of the "investment" side of the budget. Keep in mind, none of that has anything to do with us as dinar holders/investors. We simply want to see the dinar rise in value, which can start at anytime.