US dollar down to KD 0.300

US dollar down to KD 0.300
US dollar down to KD 0.300

KUWAIT, June 23 (KUNA) — The exchange rate of the US dollar against the Kuwaiti dinar went down to KD 0.300, while the euro went up to reach KD 0.341 on Thursday, compared to Wednesday’s rates, said the Central Bank of Kuwait (CBK). The CBK said in its daily bulletin that the exchange rate of the Sterling Pound increased to stand at KD 0.443, while the Swiss Franc stabilized at KD 0.313. The Japanese Yen was unchanged at KD 0.002.
Weakness appears in the dollar continued after the Federal Reserve meeting which saw installation of monetary policy and interest rates unchanged.
The Euro rose for the second day in a row in the light of the high demand for major currencies in financial markets amid voting in a historic referendum on whether the UK should remain a member of the European Union or leave. (end) ht.ha