Kuwait's currency is the most powerful in the world, with one Kuwaiti dinar equivalent to approximately ₹ 288. Employed ...

KUWAIT (Reuters) -Kuwait has launched a crackdown on cryptocurrency miners it accuses of being a "major" cause of a power crisis that has led to blackouts, as authorities seek to ease pressure on the ...

A small Middle Eastern country, Kuwait, has the world’s highest valued currency. Through consistent efforts, Kuwait continues to maintain the Kuwaiti Dinar as one of the world's most stable currencies ...

KUWAIT, May 22 (KUNA) -- The governor of the Central Bank of Kuwait (CBK), Sheikh Salem Abdulaziz Al-Sabah on Tuesday renewed Kuwait's commitment to fully cooperate with other GCC member states in ...

Kuwait's Capital Markets Authority (CMA) warns of risks associated with cryptocurrencies. CMA's restrictions part of broader inter-departmental crypto ban. See the 6X seasonal strategy set to target ...

Inflation is rife throughout the Gulf region. Despite agreeing to join a single currency in 2010, and to follow the convergence criteria, Kuwait abandoned its dollar peg, and so the chance to join the ...

Kuwait strongly backs the launch of the Gulf monetary union and single currency on time in January 2010, the undersecretray of the finance ministry said on Monday, a day after the ministry demanded a ...

KUWAIT/DUBAI (Reuters) - Gulf Arab countries will discuss pegging their planned single currency to a basket instead of the U.S. dollar, a Kuwaiti government official said on Tuesday, putting the ...

KUWAIT, Dec 8 (Reuters) - The Kuwaiti parliament unanimously approved a measure to join plans for a Gulf monetary union on Tuesday, but a top government official said adoption of the single currency ...

Kuwait’s central bank cut interest rates on some monetary policy instruments in an effort to ease pressure on the currency while helping the economy cope with the impact of the Covid-19 pandemic. In a ...

Dashti added that in 1912—known as “the year of abundance” due to the prosperity brought by the booming pearl trade—French ...