Financial and Banking News
Kuwaiti Financial Markets Unfazed by Allied Attack on Iraq
Financial markets in Kuwait scarcely reacted to the allied bombing raids onIraq on 13 January. On the morning after the attack Kuwaiti dinar marketsappeared to be more concerned with the position of the dollar in internationalmarkets than with regional events, and Kuwaiti bankers reported that there wasno perceptible move out of KDs and into harder currencies. The...