Kuwait left the dinar reference rate unchanged for a second day on Monday.

The dinar will trade around a mid point of 0.27410 per dollar, unchanged from a day earlier, the central bank said.

The central bank allowed the dinar to fall against the dollar for the first time in four days on Thursday.

By late New York trading on Friday, the dollar was up 0.4 percent against the yen after a slightly above-forecast jobs report eased some concerns that a housing slump had spread to the broad economy.

The dollar fell 0.15 percent against the euro and 0.14 percent versus the Swiss franc.

The currency of the Middle East's fourth-largest oil exporter has risen 5.49 percent since May 19, a day before the central bank started tracking a basket of currencies.

Kuwait has declined to give the composition of the basket.

Kuwait's central bank says the dollar's decline on global markets is driving up inflation and making some imports more expensive. Kuwait pays for more than a third of its imports in euros.-Reuters