Kuwaiti Dinar Foreign Exchange


Kuwaiti dinar’s exchange rate updates – Kuwait Central Bank

Published on November 3, 2011 by   ·   No Comments

The Kuwaiti dinar’s foreign exchange rate was unchanged between Kuwaiti dinar and US dollar with the greenback trading at KD 0.275 on Thursday, said the Central Bank of Kuwait (CBK) bulletin, while the euro came to KD 0.377.

The CBK bulletin noted a drop in the sterling pound to KD 0.438, while both Japanese yen and Swiss franc stayed unchanged at KD 0.003 and KD 0.31, respectively.

The eurozone is experiencing a slump, along with the US economy, especially after the US Federal Reserve kept interest rate low.

A state of optimism is however dominant in the market and investors are slightly more adventurous compared to recent weeks, while the top priority remains keeping close watch over developments of the Greek financial situation.

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