(MENAFN)Al Arabiya quoted head of the National Bank of Kuwait's (NBK) Treasury Sales and Services Department, Nafe Alabhool as saying that the dollar price turned to a safe haven since the begining of the pandemic.
The present period saw dollar fluctuations, but the price of the dollar will decline in similar with the economic recovery, the starting of markets and exit from safe havens within the coming year or two, Alabhool further stated.
The current financial package valued at USD1.9 trillion, standing at directly to the citizen and to accelerate the division of vaccines, which helped in opening the economy and markets and creating demand for commodities, and with no supply parallel to demand, prices would increase, Alabhool added.
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