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The Central Bank of Kuwait’s August 2026 Monthly Monetary Statistical Bulletin, published on 22 September, records broad money M2 at KWD 42,767.5 million at the end of August. That compares with KWD 42,842.5 million at the end of July, a monthly decrease of KWD 75 million; the bulletin lists the change as minus KWD 75.0 million. M2 comprised M1 of KWD 10,653.1 million and quasi-money of KWD 32,114.4 million. These are end-month stocks, not new payments or credit flows generated during August.
A separate CBK table puts official reserve assets at KWD 10,081.6 million at August-end, compared with KWD 10,659.8 million in July. The table combines monetary gold, the reserve position at the IMF, Special Drawing Rights, foreign currency and deposits abroad, and foreign securities. A footnote says the total excludes external assets held by the Kuwait Investment Authority (KIA). The measure therefore does not represent all sovereign assets or the KIA portfolio.
The bulletin covers much more than one money-supply table. CBK describes indicators for local bank balance sheets, public-debt instruments, investment and finance companies, exchange companies, card values and counts, ATMs and point-of-sale terminals, deposit interest rates and exchange rates. This breadth can help readers examine components of the financial system, but the tables cover different institution groups and use different units and definitions. Combining values without preserving their period and measurement basis, or treating every series as one measure of liquidity, would be misleading.
The KWD 75 million M2 decrease is about 0.18% of the previous month-end level, a simple comparison calculated from two month-end observations rather than a seasonally adjusted growth rate. The KWD 578.2 million fall in reserve assets is likewise the difference between reported stock levels. The bulletin does not by itself explain the causes of these movements. They can reflect public accounts, banks’ foreign assets, valuation and other balance-sheet items, whose contributions require separate examination in the detailed tables.
These figures provide a one-month snapshot of money and reserves; they do not establish future credit demand, household financing conditions or external-payment capacity. The CBK bulletin offers regular and detailed official statistics, while the reserve table’s exclusion of KIA assets and the distinction between stocks and flows are important for interpretation. Follow-up analysis should compare subsequent months using the same definitions and check for revisions or reclassifications. A single month remains a limited observation for identifying a trend.


