Cyprus banking system

banking system

Currency, tax, and banking system in North Cyprus

What are the currency, tax, and banking system of North Cyprus? The Turkish Lira (TL) is North Cyprus’ currency. In general, it is not particularly steady, and the exchange rate can favor people who earn money in pounds, euros, or dollars. In North Cyprus, transactions can be carried out in any of the major currencies. North Cyprus' Central Bank is in charge of monetary, credit, and exchange policies,...

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