Soft CPI weakens Swiss Franc

The USDCHF pair rallied to 0.9070 in early European trading on Thursday, with the Swiss Franc strengthening as softer-than-expected Consumer Price Index (CPI) data for March boosted expectations of one more interest

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Euro advances to week-high

The EURUSD pair is attracting buyers for the third successive day on Thursday and climbing to a one-and-half-week top, closer to mid-1.0800s during Asian trades. The US Dollar is extending this week’s

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Average salaries up 6% in 4Q 2023

The average salary in Cyprus grew by 6.2% in the fourth quarter of 2023, compared to the same period in 2022, according to provisional data released by the Statistical Service, offering some

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Medicine ‘worth millions’ destroyed in flood

Large quantities of medication, potentially worth millions of euros, were destroyed when a Health Ministry storage facility in Nicosia was flooded last month, it was revealed on Wednesday, reminiscent of a Cyprus

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