Kuwaiti dinar stabilizes to 0.274 per dollar
Exchange rate of the Kuwaiti dinar stabilized to KD 0.274 per dollar, and went down against the euro, recording KD 0.389, the Central Bank of Kuwait said on Monday.
National Bank of Kuwait, the largest Kuwaiti bank and the highest-rated in the Middle East, reported net profits of $264m for the first quarter of 2010 compared with $220m for the same period in 2009, an increase of 20%.