KUWAIT (Reuters) – Kuwait’s central bank governor issued a statement on Saturday noting the strength and stability of the country’s currency, which is pegged to a weighted basket of the oil-exporting nation’s big trading partners.
The statement sent to Reuters came after the state news agency reported that Kuwait’s 91-year-old emir had been admitted to hospital and that the crown prince would temporarily exercise some of the ruler’s constitutional duties.
(Reporting by Ahmed Hagagy; Writing by Ghaida Ghantous; Editing by Hugh Lawson)
