Kuwaiti dinar down to 0.274 per dollar

The exchange rate of the Kuwaiti dinar slipped one fils since yesterday to KD 0.274 per dollar on Wednesday, while it gained, recording KD 0.403 against the euro, the Kuwait Central Bank said Wednesday. The Kuwaiti dinar's rate remained stable against the pound Sterling at 0.453, and likeso against the Japanese yen at KD 0.003, recording a rise to KD 0.314 against the Swiss franc, Kuwait's state monetary authority said in its daily bulletin. The US dollar continues its slump for the third day in a row - close to the lowest it has ever reached in three years last week. This comes amid speculation that the US Federal Reserve will maintain reference rates.