(MENAFN - Kuwait News Agency (KUNA)) The rate of the Kuwaiti dinar remained stable against the US dollar at KD 0.276, the euro rate decreased to KD 0.393 on Tuesday.
The rate against the pound sterling dropped at KD 0.449, it remained unchanged at KD 0.003 against the Japanese yen, meanwhile it decreased at KD 0.
308 against the Swiss franc, the Central Bank of Kuwait said in its daily online bulletin.
Standard and Poor's for credit rating announced that the credit classification for the US credit debts is "negative" which affected the investors' trust. While the Euro is still suffering in the financial markets due to the sovereign debt crisis in Europe which caused by a weak international economy and credit decrease in many European countries. However, the yen has increased against US dollar and other major currencies due to this economic European crisis.