Exchange rate of the US dollar stood unchanged at KD 0.284 while the euro dropped to reach KD 0.372, said the Central Bank of Kuwait (CBK) on Tuesday. The exchange rate of the sterling dropped to reach KD 0.442, the Japanese yen remained unchanged at KD 0.003, and the Swiss franc decreased to read KD 0. 303. In the United States, a report on employement showed an addition of 165,000 jobs, which was contradicting with the spread predictions, therefore unemployment decreased by 7.5 percent, leading to the US Federal Reserve halt of the monetary easing program in the future by the end of this year. Meanwhile, in the UK, investors are awaiting Bank of England's expected decision to stabilize the interest price, as well as keeping the asset purchase program at GBP 375 billion, by next Thursday.
GMT 11:02 2018 Tuesday ,11 December
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U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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