Published On: Mon, Jan 12th, 2015

US dollar stable against Kuwaiti dinar at KD 0.293

US dollar, Kuwaiti dinar

US dollar, Kuwaiti dinar

The exchange rate of the US dollar against the Kuwaiti dinar was stable at KD 0.293 on Sunday and the euro rate was also stable at KD 0.348, compared to that of Thursday, said the Central Bank of Kuwait said in its daily bulletin. It added that the sterling dropped to KD 0.445, the Swiss franc fell to KD 0.289 and the Japanese yen was unchanged at KD 0.002.
The US dollar continues to rise against other main currencies due to solid job data and a remarkable development and recovery of the US economy.
As for Europe, the euro was kept ground amid expectations that of new measures by the European Central Bank to catalyze the economy.

Source : KUNA Kuwait News agency

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