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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Kuwait reserves total $350 bln; foreign investments see losses

Posted on 06 July 2009

From Zawya.com: The total reserves of Kuwait amounts to KD 103 billion which equals 350 billion US dollars, reports Al-Qabas daily quoting government sources.
Of this reserve, KD 55 billion has been allotted to state general reserve which is 6 percent less compared to last year, and KD 48 billion has been allotted to the future generations reserve, showing a dip of 16 percent from last year………Full Article: Source


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