Wednesday, July 11, 2007

Kuwait Strengthens Dinar Against Dollar by 0.4 Percent, EFG-Hermes Says

(Bloomberg) -- Kuwait strengthened its currency
0.4 percent against the dollar, EFG-Hermes Holding said, citing
Kuwait central bank data.

The Central Bank of Kuwait is buying dollars at 0.28695
and selling at 0.28685, 0.4 percent higher than its previous
reference rate, Monica Malik, economist at EFG-Hermes, said in
a telephone interview.


Read more at Bloomberg Currencies News

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