The exchange rate of the US dollars against the Kuwaiti dinar was stable at KD 0.291 on Wednesday, while the euro dropped to KD 0.361, compared to yesterday’s exchange rates.
The Sterling went down to KD 0.456, the Swiss franc dropped to KD 0.299 and the Japanese yen was unchanged at KD 0.003, said the Central Bank of Kuwait in its daily bulletin. Markets still make speculations regarding the intentions of US Central Bank toward raising the rate of profit in 2015. Despite this, the little upcoming months may change these speculations according to economic changes that may occur and affect the intensions of the US Central Bank.
According to the Euro Zone, the European stocks rose at the highest levels within two months, driven by optimism regarding expectations of quantitative easing policy by the European Central Bank.
Source : KUNA Kuwait News agency
