US dollar remains at KD 0.302 against Kuwaiti dinar

KUWAIT, Sept 28 (KUNA) -- The exchange rate of the US dollar against the Kuwaiti dinar remained at KD 0.302, also the euro at KD 0.338 when compared to last Tuesday prices, Central Bank of Kuwait said Monday.
In its daily bulletin, the central bank noted that the exchange rate of the sterling decreased to KD 0.459, as well as the Swiss Franc reached KD 0.308, while the Japanese yen was unchanged at KD 0.002.
The index for the US dollar was near its highest peak in five weeks with its purchase increasing in light of the economic growth data showed in the second quarter of this year.
The purchase frenzy also was due to confirmation from the President of the Federal Reserve Janet Yellen in which she noted that the American economy was on the correct path to increase interest rates by next December. (end) mfs.mb