Kuwaiti Dinars definition

Kuwaiti Dinars means the lawful currency of the State of Kuwait.
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Examples of Kuwaiti Dinars in a sentence

  • The results of the subsidiary are translated into Kuwaiti Dinars at rates approximating the exchange rates prevailing at the dates of the transactions.

  • The consolidated financial statements are presented in Kuwaiti Dinars which is the Parent Company’s functional currency and all values are rounded to the nearest thousand (KD ‘000) except when otherwise indicated.

  • The assets and liabilities of the foreign subsidiary are translated into Kuwaiti Dinars at rates of exchange prevailing at the end of reporting period.

  • Monetary assets and liabilities denominated in foreign currency as at the end of reporting period are retranslated into Kuwaiti Dinars at rates of exchange prevailing on that date.

  • A major part of the banking and trading books of the Bank is in Kuwaiti Dinars (KD’s), the other important currencies being the internationally actively traded currencies.

  • Monetary assets and liabilities denominated in foreign currencies outstanding at the year-end are translated into Kuwaiti Dinars at the rates of exchange prevailing at reporting date.

  • Monetary assets and liabilities denominated in foreign currencies at the reporting date are retranslated into Kuwaiti Dinars at the rate of exchange prevailing on that date.

  • However, in the long run if skill certification and placements are to be ensured, in-service training will have to be certified and linked to jobs post retirement.

  • The interim condensed consolidated financial information is presented in Kuwaiti Dinars (“KD”), which is the functional currency of the Parent Company.

  • These consolidated financial statements are presented in Kuwaiti Dinars (“KD”), which is the Bank’s functional currency.

Related to Kuwaiti Dinars

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  • Tourism means economic activity resulting from tourists, which may include sales of overnight lodging, meals, tours, gifts, or souvenirs.

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