A+ A-

US dollar drops to KD 0.299 against Kuwaiti dinar

US dollar against the Kuwaiti dinar
US dollar against the Kuwaiti dinar
KUWAIT, March 17 (KUNA) -- The exchange rate of the US dollar against the Kuwaiti dinar dropped on Tuesday, reaching KD 0.299, while the euro rose to KD 0.316 compared to Monday.
The Central Bank of Kuwait said in its daily bulletin that the sterling rose to KD 0,448, the Swiss franc dropped to KD 0.297, while the Japanese yen was unchanged at KD 0.002.
The US industrial sector is suffering low demand rates due to the dollar's rise against the main currencies, which leads importers to turn away from the high-costing US products.(end) mfs.tb.ag