Kuwait C.bank asks forex firms to raise capital requirements

Mubasher: The Central Bank of Kuwait has requested foreign exchange companies in the state to increase their capital requirements, according to Reuters.

Kuwait’s central bank noted that the new requirements will be raised to KWD 1.7 million ($5.60 million) from KWD 1.5 million, Reuters added.

Mubasher Contribution Time: 09-Dec-2018 13:11 (GMT)
Mubasher Last Update Time: 09-Dec-2018 13:11 (GMT)