VOL. XXXIV
NO. 3
22-OCTOBER-1990
Financial and Banking News
Loans & Issues
New Banking Directives Issued in Kuwait
The new monetary authorities in Kuwait have issued their first directivescovering the operation of the banking system. Their main purpose was to forbidthe release by banks of foreign currency (while allowing for those holding suchcurrency to change it into Kuwaiti or Iraqi dinars) and to lay down a limit of30 dinars per day for personal withdrawals from bank accounts. The...
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