After reading the news release stating that the dinar will undergo a currency change, I've come to the conclusion that what the reporter misunderstood the news we read a few days ago. The "1 new dinar will be worth 1000 old" merely reflects the three-decimal place movement in the exchange rate, from .00068 to .68.
The next statement he said is that it would bring it closer to parity with the US Dollar. Well, that's exactly what happened here. And as for the new currency waiting to be printed, how can you eliminate the possibility that he's referring to smaller denomination notes, as they plan on removing the larger bills from circulation?
Obviously if Iraq was going to revalue their currency, they wouldn't publicize it until after it happened otherwise there would be a run on speculation. Can you imagine reading this in a newspaper: "On Wed, August 5th Iraq will increase its currency to .50. A 25,000 note will be worth $12,500 on August 5th." I assure you that you'll never read that anywhere,
This seems like it is some major news. I'd certainly expect it to be in all the other major news sources. MSNBC doesn't tend to always report on current events. It's far more likely they were just informed of the Prime Minister's week old anouncement and are just now crafting a story based on how they interpreted it.