Kuwait denies injecting KD 500m to prop up lira
KUWAIT: Kuwait has rebuffed as “ungrounded” reports that it injected KD 500 million ($1.6 billion) to back the Turkish lira, which has been in free fall over deteriorating ties with the US. Denying such reports, the Kuwaiti Ministry of Finance said in a statement that Finance Minister Nayef Al-Hajraf met Turkish Minister of Treasury and […]
The post Kuwait denies injecting KD 500m to prop up lira appeared first on Kuwait Times.