Bank Doubts Strand Kuwaitis in Europe
<i> Reuters</i>
GENEVA —
Swiss banks are refusing to exchange Kuwaiti dinars, leaving hundreds of Kuwaiti vacationers not only unsure whether to return to a homeland now under Iraqi occupation but also short of money.
“We aren’t accepting dinars because we don’t know where the exchange rate will be established,” a spokesman for Union Bank of Switzerland said Friday.
Kuwaiti sources said hundreds of rich tourists in exclusive Geneva were now in financial straits.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
