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Friday , November 16 2018

Tag Archives: Kuwait’s central bank

Kuwait’s current account records $7.1bn in 2017

CBK issues 3-months bonds KUWAIT CITY, May 8, (KUNA): Kuwait’s Current Account recorded a surplus of KD 2,152 million (about $7.1 billion), against a deficit of KD 1. 528 million ($5.04 billion in 2016, the CBK said in a press release Tuesday. The surplus in the current account is due …

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Central Bank cancels approval of some receipts from clients

Documents provided by clients do not match cash withdrawal process KUWAIT CITY, March 7: The Central Bank of Kuwait has cancelled the approval by some banks of a number of receipts that were presented to them by some of their clients, reports Al-Rai daily quoting banking sources. They explained that …

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Kuwait cbank holds discount rate

DUBAI, June 14, (RTRS): Kuwait’s central bank said on Wednesday it was keeping its discount rate at the current level of 2.75 percent, despite the US Federal Reserve’s decision to raise rates by 25 basis points. In a statement, the Kuwaiti central bank noted that it had hiked its key …

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