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The Current Framework of Exchange Rate Policy in Cyprus and Recent Developments*

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PBRPE_EXCHANGE_RATEPOLICYINCYPRUS.pdf

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The Central Bank of Cyprus (CBC) was established in 1963, shortly after Cyprus gained its independence, in accordance with the Central Bank of Cyprus Law, 1963 and the relevant articles of the Constitution. Today the CBC is governed by the Central Bank of Cyprus Law, 2002 as amended (hereafter “the CBC Law”).

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