Central Bank of Kuwait

Governor says gov't proposes to buy assets of investment firms, hit by global credit crunch.

Both discount and repurchase rates reduced following similar move by US Federal Reserve.

UPDATE 2: Kuwait says all deposits safe after saving Gulf Bank from derivatives losses.

Latest figures show more than $76bn circulating in Kuwaiti economy in August.

UPDATE 1: Central bank says it will  continue to ensure banking system has appropriate liquidity in wake of global crisis.

Kuwait moves to shore up confidence, interbanking lending rates fall.

The region's banks may have been feeling quite smug until these last few days.

UPDATE 1: Gov't urged to put money into banking deposits to help secure liquidity and support economy.

Critics complain lack of certainty could discourage foreign investment.

Central bank will buy and sell dollars for 'commercial purposes' only.

UPDATE 1: Inflation in April accelerates to record as housing and food costs soar, official data shows.

Q2 earnings surge as economy booms and as banks shrug off consumer lending rules.

Central bank to push ahead with 'intensive efforts' to use monetary policy to fight record inflation.

States agree to create joint cbank next year, but admit Gulf currency will not reach deadline.

Central bank governors meeting to try and pick up pace of monetary union.

Sales in April nosedive after gov't restricts residential property trading in bid to curb record inflation.

Give away more land and resist calls to boost spending, governor urges.

Bankers also expected to discuss how to control record inflation at bi-annual meeting.

Kuwait Central Bank has asked commercial lenders to lower the salary ceiling against which they lend to individuals to 30% from 50%, according to reports citing unidentified banking sources.

Gulf state lets currency rise by second largest margin, taking cumulative gains to 8% since it depegged.

Investors bet on central banks revaluing currencies against dollar.

Governor calls for more Islamic finance instruments to help control liquidity.

Kuwait leaves dinar reference rate steady after dollar climbs against British pound.

Cut of at least 25 basis points likely in coming two months, head of economists' associations says.

Kuwait lets dinar rise to new 19-year high after dollar slid against basket of currencies.

Rising prices led by housing, education and health drive inflation to 7.3% in first nine months of year.

Kuwait allows dinar to appreciate for first time in almost a week, up 0.07% to 0.27390 per dollar.

Kuwait lets dinar appreciate after dollar slid to fresh low against yen on worries of more US rate cuts.

Money supply in Kuwait grew almost 19% for a second month in Sept, central bank says.

Move follows US cut in interest rates, sending dollar to new lows and piling pressure on expat salaries.

Kuwait lets dinar appreciate after dollar fell to new lows on bets US will cut rates.

Kuwait central bank lets dinar depreciate against dollar after US currency rebounded from all-time lows.

Central bank says policy needs to play 'significant role' in checking price rises.

Kuwait's central bank allows dinar to drop against dollar after US currency gains on global markets.

Central bank says depegging dinar has helped, but time needed to assess full impact.

Central bank allowed country's currency to depreciate to its biggest one-day fall this year against the dollar.

Currency unchanged after four increases in six trading days as dollar sinks to new low.

Kuwait and UAE act on US decision to cut federal funds rate.

Kuwait central bank allows dinar to depreciate against dollar after US currency gains against the yen.

Kuwait leaves dinar rate unchanged for second day after dollar hit 15-year low against a basket of currencies.

Food and transport prices increased at slower pace in June after currency peg to dollar scrapped.

Central bank allows dinar to appreciate after euro recorded biggest weekly gain against dollar since March.

Central bank keeps dinar's reference rate to dollar after US currency fell against yen and rose against euro.

Central bank keeps dinar rate unchanged against the dollar after its first appreciation in almost two weeks.

Kuwait allows dinar to depreciate for the fourth time this month as dollar hits one-month high against euro.

The country's banks do not invest in tools affected by the American mortgage crisis, official says.

Central bank data shows Kingdoms' money supply rose above 15% year on year in June.

Inflation at end of May remained almost unchanged from April after central bank revaluation of dinar.

Central bank governor Sheikh Salem says change allows the exchange rate to track global currency markets.

Move a sign the country's currency basket regime has come into effect as dollar gains against euro.

Country allows dinar to appreciate 0.4% against the dollar as US currency tumbles to record low against euro.

Most Gulf central banks look set to ride out dollar weakness, although Kuwait may opt for a second revaluation.

The country is taking steps to bolster its local sharia-compliant institutions.

Currency basket is 'import and financial related', says Sheikh Salem.

Revaluation sees a basket of currencies adopted as talks of a GCC single currency stall.