I believe that they can open it at whatever and whenever they want. The FIL protects them from foriegners at some degree, if not most. But now from the stock and shares end, I beleive if the Big Investors want in they can and have found away to do this for that. Look at our members that have Warka accounts, if they can do it, then anyone that wants can, Big or Little Investor.
What I do see that they need to do is, have a Better Exchange rate before the other Laws are Enacted, (HCL Mainly). Now that is where the Big Investors will and are waiting for.
They can open the currency value at whatever, their is only somuch of it. And they have closed routes for the dinar leaving the country, or they can. This would enable them to do that Grab effect of the ones that cashed in and get that currency back in Iraq. Now this is just my Opinion of Theroy. Please take it for what it is worth.