USD steady against Kuwaiti Dinar at KD 0.288

KUWAIT, Oct 1 (KUAN) -- The USD exchange maintained stability against the Kuwaiti dinar on Wednesday, at KD 0.288, however the euro dropped to KD 0.363 compared with Tuesday's rate.
The sterling exchange rate dropped to KD 0.466, the Swiss franc also fell to KD 0.301, but the Japanese yen retained the level of KD 0.003, said the daily bulletin of the Central Bank of Kuwait.
Meanwhile, the US dollar continued to rally vis a vis most of the main hard currencies.
The US Federal Reserve announced, last month, that the interest rate would be maintained in the "zero square," in absence of "rapid occurrences" with respect of the American economy growth.
In Europe, the euro remained at a low level, amid jitters regarding forecast economic recession. (end) mfs.tb.rk