What the channel wants you to understand about this Chain of events surrounding the rate recent rate changes is this: Measures taken by the United States in recent months to stamp out money laundering and the channeling of dollars to Iran and Syria from Iraq have restricted Iraq's access to hard currency In other words the US Treasury broke Iraq, and then the US Treasury Fixed Iraq, a small chain of events as compared. This chain of events can always go in the other direction, and the events present a higher value of the IQD against the US dollar.
There are continuous rumors that Iraq is getting rid of the dollar and coming into its own.
