IMF compliance under Article 8 requires a single currency practice..aka…IQD only for international trade and transfer. The impact of the change, IMO, cannot be gradual as then at what point is the IQD more attractive to the USD? We are not only awaiting a rate but also Article 8 “FULL” compliance specifically to their currency play. So, not sure a gradual rate will work as people need a reason to change and “Shock and Awe” may be what is necessary to get people to change from USD to IQD…
