Although, I would like to see a positive rate change as soon as possible; however, I don't see why Iraq would need a rate change in order to introduce its digital currency.
It isn't the gurus, the CBI, itself, stated many times that the auctions would cease starting January 1st 2025. I really don't understand what's going on here.
Hopefully the currency auction will be phased out for good this year, it was supposed to have happened last year, as I remember. If so, we should see something positive concerning the rate too early next year.
" Doesn't change its purchasing power " would be a lop, but inflation in Iraq isn't too high; therefore, I wouldn't worry about this statement. If they're going to do anything positive, they wouldn't publish it to the world yet.