From ISX Website - Iraqi Govt announced July 1 a public holiday
Iraqi Government has announced that Tuesday 1 Jul 2014 will be a public holiday in baghdad , ISX will not hold trading session on Tuesday 1 Jul 2014
This is only my take , but if July 1st is a holiday in Iraq and the ISX is closed, that would give Iraq a whole day to revalue the IQD (IQN) without fear of investors making a killing in the ISX.
Hopefully it starts tonight and is completed by the time we wake up in the morning.
I know, pie in the sky, but it is one explanation.