US dollar stable against Kuwaiti dinar at 0.299

The exchange rate of the US Dollar against the Kuwaiti Dinar on Thursday was stable at KD 0.299 whereas the Euro dropped to KD 0.315 compared to yesterday's exchange rates, said the daily bulletin of the Central Bank of Kuwait (CBK).
The Sterling Pound exchange dropped to KD 0.447, the Swiss Franc moved down to KD 0.396 whereas the Japanese Yen remained stable at KD 0.002. The US dollar's rise came due to expectations that Board of Governors of the Federal Reserve would raise U.S. interest rates following statistics about US labour sector were better than earlier speculated.