Re: Iraq is out of imf article/chapter 7 restrictions
BGG ~ Apples and watermelons. Ch 7 designation and the Oil-for-Food are different files entirely.
The last remaining Oil-for-Food money was reportedly turned over to Iraqi control. However, to imply this means the lifting of all Ch 7 "sanctions" is not an accurate analysis.
There really aren't much in the way of Ch 7 sanctions left in force anyway. Further, I highly doubt the UN completely removes the Ch 7 designation anytime soon.
I suspect they want the latitude to go in and help settle things down again - if needed. As they did with ISIS.
None of this is directly detrimental to a value change in the currency...
If it were - How would it have been possible for the CoM and CBI to have been planning a value change back in 2012?? It is clear for the SIGR report they were - right??