LOC09:07
06:07 GMT
Kuwait City – The US dollar held steady against the Kuwaiti dinar today, Sunday, trading at 0.335 dinars, according too the kuwait News Agency (KUNA).This stability occurs amid fluctuating global currency markets and impacts Kuwaiti businesses and individuals engaged in international transactions.
The Central Bank of Kuwait’s daily report, published on it’s website, also indicated increases in other major currencies. the euro rose by 0.61 percent to 0.357 dinars, compared to rates recorded last Wednesday. The British pound sterling gained 0.91 percent, reaching 0.412 dinars, while the Swiss franc increased by 0.77 percent to 0.582 dinars. The Japanese yen remained unchanged at 0.02 dinars.
It’s vital to note that these figures represent average daily currency prices as reported by the Central Bank of Kuwait and may differ from actual buying and selling rates offered by banks and exchange houses. These rates are closely monitored by importers, exporters, and individuals remitting funds, influencing purchasing power and trade dynamics within Kuwait. (end) AAB