Kuwait lets dinar fall again

Kuwait allowed the dinar to depreciate against the dollar for the second straight working day on Sunday July 29, this time by 0.05%.

The Central Bank of Kuwait said that the dinar will trade around a mid-point of 0.28245 to the dollar from 0.28230 on July 26.

The dinar has fallen 0.16% since Wednesday July 25. The currency achieved its biggest one-day gain in a year on Thursday against a basket of six major currencies whose content has not been specified, but 70% of it is thought to be the dollar

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