November 16, 2021 banking

Kuwaiti Dinar Top 10 Strongest Currencies in the World


KUWAIT CITY, Nov 15: The Kuwaiti Dinar topped the list of 10 strongest currencies in the world, according to Scoop- Whoop in its latest classification of the strongest currencies around the world based on the exchange rate of each currency against the US Dollar and the Sterling Pound, reports Al-Anba daily.

ScoopWhoop explained in its report that the rating of the strength of the local currency against the US Dollar and the Sterling Pound does not necessarily reflect the economic strength, trade balance and budget status of the country. The Kuwaiti Dinar was declared on top of the strongest currencies in the world in terms of exchange rate and it has become the most valuable currency since its issuance in 1960.

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