Kuwait let the dinar fall against the dollar for a third consecutive day, off a record high after the US currency recovered some losses on global markets last week.

The dinar, the currency of the only Gulf Arab oil producer that does not peg to the dollar, will trade 0.34 percent lower on Sunday around a mid-point of 0.26730, compared with 0.26640 on March 19, central bank data showed.

That takes the dinar's cumulative gain against the dollar since the central bank scrapped its peg on May 19 to 8.17 percent.

Gulf Arab states are under pressure to revalue their currencies as the dollar plunges on concern about the United States economy. - Reuters