TITLE

Exchange Rates: Outlook

PUB. DATE
November 2011
SOURCE
Kuwait Country Monitor;Nov2011, p9
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article offers information on the outlooks for exchange rates in Kuwait as of November 11, 2011. It states that the Kuwaiti dinar is expected to lose value due to its exposure to weakening euro and stabilizing oil prices. It says that the formation of a Gulf Cooperation Council (GCC) monetary council may help authorities to delay changes to the stabilization efforts. It adds that Kuwaiti dinar will likely follows the fluctuations of the U.S. dollar against other currencies.
ACCESSION #
77393028

 

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