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That monopoly is what gives the Kuwaiti Dinar its strength.

* This product / service may be affected by changes in foreign currency exchange rates.The Kuwaiti Dinar was introduced in the early 1960s and rose to precedence as a result of the immense wealth that inexists within Kuwaiti.Ī large part of this wealth and strength originates from the country’s rich oil deposits which are essential to every country around the world.īecause of these rich oil deposits, the country is able to lower production costs and maximize their profit to sell to other countries.

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