Exchange rates of
major currencies were stable against the Kuwaiti dinar on Monday, as the US
dollar was stable at KD 0.283.
The Central Bank of
Kuwait stated in its daily bulletin that the euro’s exchange rate against the
Kuwaiti dinar was stable at KD 0.379, the Japanese yen was stable at KD 0.003,
the Swiss franc was stable at KD 0.307 and the pound sterling was stable at KD
0.441.
According to minutes released from the FOMC August gathering, the minutes
showed that policymakers from the Federal Open Market Committee (FOMC) have
agreed with the tapering of the $85 billion monthly bond-buying program later
this year.
The developments in the UK’s economy have significantly
advanced in the second quarter of the year, surpassing analysts’ expectations.
