In this task you will be given a passage and a yes/no question based on the passage. You should answer the question using the information from the passage.

passage: From 18 March 1975 to 4 January 2003, the dinar was pegged to a weighted currency basket. From 5 January 2003 until 20 May 2007, the pegging was switched to 1 US dollar = 0.29963 dinar with margins of ±3.5%. The central rate translates to approximately 1 KD = $3.53 USD
 question: is the kuwaiti dinar pegged to the dollar?
Yes