Boubyan Bank launches KD money market fund
Boubyan Bank announced the launch of an open-ended Kuwaiti Dinar money market fund that invests in Shari'a-compliant short and medium-term instruments available in the financial markets.Saleh Ahmed Al-Ateeqi, Acting CEO of Boubyan Capital, said that the Fund aims to offer competitive Shari'a-compliant returns by increasing the value of its assets while offering a high level of liquidity to investors.
Al-Ateeqi added that the Fund which is managed by Boubyan Bank is open to all investors with a minimum subscription of KD30,000 and multiples of KD1,000. The Fund will focus on investing in deposits and high quality securities that have a low risk profile. Read More...
Dinar posle praznika još jači - 99,175 za evro
Dinar će prvog radnog dana posle prvomajskih praznika, 4. maja, ojačati za još 45 para i zvanični srednji kurs će biti 99,17 dinara za jedan evro, što će ujedno biti i nova rekordna vrednost domaće valute u ovoj godini, objavila je NBS. Tokom praznika, sve do srede ujutru u osam sati, važiće kurs od petka, prema kome jedan evro vredi 99,62 dinara za jedan evro. Najslabija vrednost dinara ove godine, od 106,49 za evro, zabeležena je 6. januara. NBS je od početka godine intervenisala samo jednom, kupovinom pet miliona evra, kako bi sprečila preveliku dnevnu oscilaciju kursa. Read More...
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