VOL. XLVII

No 15

12-April-2004

KUWAIT

REGIONAL BANKING

NBK Says Kuwaiti Dinar Characteristics Unchanged By Dollar Peg

Since the Kuwaiti dinar became officially linked to the dollar at the start of 2003 its behavior has remained in line with historic trends, according to National Bank of Kuwait (NBK) in its latest Economic Brief dated 6 April. The new policy was announced on 13 October 2002 and adopted in preparation for the planned currency union for GCC countries which will start in 2010 (MEES, 6...