Exchange Rate in Kuwait
Kuwait - Exchange RateThere was a dual economic picture in the first quarter of the year. While the energy sector was likely held back by OPEC-agreed oil cuts, as reflected by falling oil production, the non-oil sector likely performed fairly well. Private-sector credit growth was brisk in January and February, which should have buoyed household spending despite a drop-off in consumer confidence in recent months. Moreover, recent data regarding government finances is encouraging; in the first 11 months of FY 2018 (April 2018-February 2019), the country recorded a small fiscal surplus. This comes after the economy lost steam in the fourth quarter of last year on the back of slowdowns in both the oil and non-oil sectors.
Kuwait - Exchange Rate Data
|Exchange Rate (vs USD)||0.28||0.29||0.30||0.31||0.30|
5 years of economic forecasts for more than 30 economic indicators.
Kuwait Exchange Rate Chart
Source: Thomson Reuters.
|Exchange Rate||0.30||-0.05 %||May 13|
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