Kuwait’s local liquidity experienced fluctuations in 1st 11 mths of 2023

Kuwait’s local liquidity experienced fluctuations in 1st 11 mths of 2023

KUWAIT CITY, Jan 25: Kuwait’s local liquidity experienced fluctuations in the first 11 months of 2023, with a decrease of 0.67%, equivalent to approximately 13.4 million dinars. This decline came after the liquidity figure stood at 1.999 billion dinars in December 2022. However, a noteworthy increase of 1.25% was observed in November, amounting to 24.4 …

<p>The post Kuwait’s local liquidity experienced fluctuations in 1st 11 mths of 2023 first appeared on ARAB TIMES - KUWAIT NEWS.</p>KUWAIT CITY, Jan 25: Kuwait’s local liquidity experienced fluctuations in the first 11 months of 2023, with a decrease of 0.67%, equivalent to approximately 13.4 million dinars. This decline came after the liquidity figure stood at 1.999 billion dinars in December 2022. However, a noteworthy increase of 1.25% was observed in November, amounting to 24.4 million dinars. The total liquidity for the month reached 1.986 billion dinars, compared to 1.962 billion dinars in October. n an annual basis, there was a 0.87% increase, representing 17.3 million dinars, compared to the end of November 2022, which stood at 1.969 billion dinars. Breaking down the data for November, the Central Bank of Kuwait reported that the currency in circulation is divided into banknotes and coins. Banknotes increased