Kuwait’s foreign reserves rise 658 million dinars in first half of 2025

Kuwait’s foreign exchange reserves rose by 3.87% in the first half of 2025, increasing by 658 million dinars from 12.087 billion dinars in December to 12.745 billion dinars by the end of June. On a monthly basis, reserves grew by 2.1% (258.9 million dinars) in June.

The Central Bank emphasized that the growth in reserves reflects the strength of Kuwait’s external financial position and its ability to support the local currency under pressure.

Data from the Central Bank showed a 3.87% increase in total assets, rising from 12.5 billion dinars in December to 12.987 billion dinars by end-June 2025—an increase of 484.6 million dinars. On a monthly basis, assets rose by 2.1% (265.8 million dinars) from 12.721 billion in May, reports Al-Rai daily.

Government deposits saw a sharp increase of 22% ($372.9 million), reaching $2.06 billion by the end of June, up from $1.69 billion in December. The bulk of this growth occurred in June alone, with an increase of $447.9 million (26.5%) from $1.615 billion in May.

Central Bank bonds witnessed a significant decline of 15.3%, falling from 885 million dinars in December to 750 million dinars in June. On a monthly basis, they dropped 2.8% (25 million dinars) compared to 775 million dinars in May.

Deposits by local banks at the Central Bank rose marginally by 0.1% (5.7 million dinars) to 5.469 billion dinars in the first half of 2025. However, they declined by 2.55% (139.5 million dinars) in June compared to 5.609 billion dinars in May.

Gold reserves remained unchanged at 31.7 million dinars. Meanwhile, other assets dropped sharply by 45.2% (173.4 million dinars) to 209.9 million dinars.

The amount of cash in circulation rose 8% (158.9 million dinars) to reach 2.144 billion dinars in June, compared to 1.985 billion dinars in December. On a monthly basis, it increased 4.8% (95.5 million dinars) from May.
Total liabilities rose by 3.8% (484.6 million dinars) in the first half of 2025 to 12.987 billion dinars. In June alone, liabilities increased by 2.1% from 12.72 billion dinars.

Meanwhile, liabilities to international institutions increased by 10.1% to 46.9 million dinars, while other liabilities saw a steep decline of 55.1%, falling from 696.7 million dinars to 312.7 million dinars.