The exchange rate of the US dollar against the Kuwaiti dinar was stable at KD 0.294 on Monday, while the euro rose to KD 0.333 compared to Sunday’s rates.
The Central Bank of Kuwait said in its daily bulletin that the sterling was stable at KD 0.444, the Swiss franc dropped to KD 0.318, while the Japanese yen was unchanged at KD 0.002.
Meanwhile, the US Federal Reserve released reports on a decreasing level of inflation and a strong growth of economic activities in January 2015 compared to a medium growth last December.
As for the euro zone, the focus is on Greece which is working on a new economic program, as the government is determined to call off all austerity measures.
Meanwhile, inflation rates had decreased in Germany last January compared to the same month in 2014.
Source : KUNA Kuwait News agency
