CyprusBounced cheques in Cyprus increase significantly in September
The number and value of bounced cheques in Cyprus saw a substantial rise in September compared to the previous year, according to Central Bank of Cyprus figures.
Background
Cyprus has been grappling with various economic challenges, including inflation and cost of living increases, which impact household finances and business operations. The Central Bank of Cyprus monitors financial indicators to assess the country's economic stability.
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Bounced cheques in Cyprus increase significantly in September
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There has been a notable increase in both the number and total value of bounced cheques in Cyprus.
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