Dollar under pressure

The U.S. currency stayed under pressure against other majors, with the euro rising to $1.3270. Sterling surged to $1.9749 above $1.9700 for the first time since September 1992 when Britain was forced

Real GDP growth at 3.6% in Q3

Financial sector booms   Economic growth decelerated slightly in the third quarter according to the latest figures from the Statistical Service, CYSTAT. Real GDP growth rose in real terms by 3.6% in

Swiss franc borrowers risk upset

Thousands of Cypriots who having borrowed in Swiss francs (CHF) for housing or other purposes and who were enjoying the double advantage of low interest rates and a depreciating currency, risk an