US dollar unchanged against Kuwait Dinar

GMT 10:23 2014 Wednesday ,25 June

Arab Today, arab today US dollar unchanged against Kuwait Dinar

Kuwait Dinar
Kuwait - KUNA

The US greenback and the Euro were unchanged against the Kuwaiti Dinar on Wednesday, trading at KD 0.281 and KD 0.383 respectively, said the Central Bank of Kuwait (CBK).
The CBK price bulletin also reported the pound sterling dropping to KD 0.478, the Swiss franc up to KD 0.315, and the Japanese Yen at KD 0.003.
As for the US economy, sales of new homes last month rose by 18.6 percent to come to an overall 504,000 units this year, the biggest overall sold since 2008.
Moving on to the euro zone, the pound Sterling dropped significantly against the US dollar after wages data came out worse than expected, accoeding to statements of Bank of England Governor Mark Carney about the latest inflation report of May. The official had in the report confirmed that the British economy had gained considerable momentum this year which surpassed forecasts and that there would only be limited and gradual increase in interest rate.

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