VOL. XXXII

NO. 52

2-OCTOBER-1989

Financial and Banking News

BUDGETS AND REVENUES

Kuwaiti Foreign Assets Increase

The foreign assets of the Central Bank of Kuwait reached a 13-month high ofKD600.2mn at the end of August, according to its monthly balance sheet publishedin the official gazette. The August figure was the second consecutive increasein the Central Bank's foreign assets, which reached their all-time low ofKD355.2mn at the end of March. Before the sudden decline in the Central Bank's...