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Kuwait’s Dec. trade surplus with Japan up 27.7 pct

Kuwait’s trade surplus with Japan jumped 27.7 percent from a year earlier to JPY 84.8 billion (USD 663 million) in December, up for the 21st consecutive month, as exports continued to outpace imports, government data showed Thursday.Kuwait stayed in b…

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USD stabilizes at KD 0.305, Euro at 0.329 – CBK

The US dollar stabilized on Thursday at KD 0.305, as well as the Euro at KD 0.329, compared to Wednesday’s rates.The Central Bank of Kuwait (CBK) said in its daily bulletin that the British sterling pound went up by 0.35 percent to reach KD 0.376, as …

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US producer price index down by 0.5 pct in December

WASHINGTON, The Producer Price Index for final demand declined 0.5 percent in December, seasonally adjusted, the Bureau of Labor Statistics (BLS) of the US Department of Labor reported on Wednesday. Final demand prices advanced 0.2 percent in November …

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USD stabilizes at KD 0.305, Euro moves down to 0.329 – CBK

KUWAIT, The US dollar stabilized on Wednesday at KD 0.305, while the Euro went down to reach KD 0.329, compared to Thursday’s rates.The Central Bank of Kuwait (CBK) said in its daily bulletin that the British sterling pound went up by 0.76 percent to r…

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Fitch: Kuwait’s long-term IDR rating at AA- with stable outlook

KUWAIT, The Finance and Insurance Company, Fitch Ratings, has affirmed Kuwait’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at (AA-) with a Stable Outlook.According to a Fitch Ratings statement, “Kuwait’s key credit strengths are its excepti…

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Experts predict real estate in Kuwait to remain stagnant in ’23

KUWAIT, The real-estate scene in Kuwait will remain stagnant in 2023 due to lack of interest in private housing, investments, and speculation over land prices, said experts on Wednesday.Speaking to KUNA in various interviews, the experts also pointed o…