Cyprus holds rates at 4.5%
The Central Bank of Cyprus's rate-setting monetary policy committee voted on Monday to keep its benchmark rate at 4.5% in its last scheduled decision.
The central bank is due to adopt the European Central Bank's interest rates when it joins the eurozone on 1 January 2008 and no further committee meetings are planned for this month, though the panel still has the authority to change rates up until 31 December.
In spite of a rise in inflation of more than half a percentage point, from 2.99% in
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