Economy of Cyprus
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The economy of Cyprus is a high-income economy as classified by the World Bank, and was included by the International Monetary Fund in its list of advanced economies in 2001. Cyprus adopted the euro a
Nicosia, the island's financial hub
Bank of Cyprus offices in Aglandjia, Nicosia
A vineyard in the Troodos Mountains. The agricultural sector continues to employ a significant proportion of the labor force.
Open pit copper mine Skouriotissa in Cyprus.
Cypriot pound
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The pound, or lira, was the currency of Cyprus, including the Sovereign Base Areas in Akrotiri and Dhekelia, from 1879 to 2007, when the Republic of Cyprus adopted the euro. However, the self-proclaim
Economy of Cyprus
…International Monetary Fund in its list of advanced economies in 2001. Cyprus adopted the euro as its official currency on 1 January 2008, replacing the Cypriot pound at an irrevocable fixed exchange rate of CYP 0.585274 per €1. The 2012–2013 Cypriot financial crisis dominated the country's economic affairs in the…
£1 note issued by the colonial government of Cyprus in 1955
£1 note issued in 1978