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Kuwaiti dinar exchange down KD 0.281 against US dollar

KUWAIT, Jan 11 (KUNA) -- Kuwaiti dinar was down KD 0.281 against the US dollar, while the euro's exchange rate increased to KD 0.364.
The Central Bank of Kuwait (CBK) said on its website on Tuesday, that the rate of the national currency settled at KD 0.438 against the sterling, KD 0.
003 against the yen, and witnessed a drop against the Swiss franc after scoring KD 0.290.
Globally, dollar exchange rate experienced a drop after the hike it saw recently, while the European debt crisis still overshadows the market. European Central Bank announced that it started buying Portuguese bonds to support the debt-swamped Portugal which was being pressured by European countries such as France and Germany. (end) mfs.ysa.aia KUNA 111340 Jan 11NNNN