US dollar stable against Kuwaiti dinar at 0.3
US dollar against Kuwaiti dinar
Kuwait - KUNA
The exchange rate of the US Dollar against the Kuwaiti Dinar on Monday was stable at KD 0.300 whereas the Euro went up to KD 0.315 compared to yesterday's exchange rates, said the daily bulletin of the Central Bank of Kuwait (CBK).
The Sterling Pound exchange dropped to KD 0.442, the Swiss Franc went up to KD 0.298 whereas the Japanese Yen remained stable at KD 0.002.
The current forecasts indicated that in case crude oil prices continued to retreat, putting in consideration the strength of the dollar, the inflammation rates might decrease during March and April, which will contribute to the delaying of decisions of increasing the interest rates in the US.
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