(Bloomberg) -- Kuwait's interbank lending rates fell a
day after the central bank withdrew its one-month certificate of
deposit from the market.
The dinar fell against the dollar below the rate at which the
central bank will buy dinars. The average one month interbank
lending rate declined 14 percent to 4.3125 percent from 4.9375
percent yesterday, data published on the central bank's Web site
showed. The dinar fell 0.14 percent to 0.28816 to the dollar at
1:27 p.m.
Read more at Bloomberg Currencies News
day after the central bank withdrew its one-month certificate of
deposit from the market.
The dinar fell against the dollar below the rate at which the
central bank will buy dinars. The average one month interbank
lending rate declined 14 percent to 4.3125 percent from 4.9375
percent yesterday, data published on the central bank's Web site
showed. The dinar fell 0.14 percent to 0.28816 to the dollar at
1:27 p.m.
Read more at Bloomberg Currencies News
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