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Kuwait's Foreign Currency Reserves Exceed KD 7.45 Billion

Kuwait's Foreign Currency Reserves Exceed KD 7.45 Billion
Qiyas summary

Data from the Central Bank of Kuwait showed that total balances and financial assets denominated in foreign currencies rose to KD 7.455 billion by the end of October 2026, reflecting the bank's asset structure and its importance in international transactions.

Translated by Qiyas from الأنباء — Original source

Data from the Central Bank of Kuwait showed that total foreign-currency-denominated balances and financial assets reached 7.455 billion Kuwaiti dinars by the end of October 2026, representing 92.90% of the bank’s total assets of 8.024 billion dinars, according to the account statement published in the official gazette, Al-Kuwait Al-Youm.

These assets are distributed among cash balances, accounts, bonds, certificates of deposit, and treasury bills, as well as foreign-currency deposits. These diverse financial instruments constitute the largest share of the Central Bank’s assets and reflect the importance of external financial transactions within its monetary and banking activities.

These figures are not limited to physical currency held in vaults; they also include bank balances and financial instruments denominated in foreign currencies, which the bank holds as part of its asset management and its monetary and financial operations.

These assets gain significance given the Kuwaiti economy’s linkage to global markets and the need to conduct international financial transactions in multiple currencies, as well as their role among the resources the Central Bank relies on to manage its external operations.

Regarding the rest of the assets, deposits, current accounts, and loans with local banks and financial institutions in Kuwaiti dinars amounted to 372.511 million dinars, while other assets recorded 165.298 million dinars, and the book value of gold stood at 31.775 million dinars.

These data reflect the asset structure of the Central Bank of Kuwait, which is dominated by foreign-currency-denominated balances and financial instruments, alongside domestic assets, gold, and other assets.

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