Copying and distributing are prohibited without the permission of the publisher. If you wish to distribute this content please contact Christopher Hunt (email@example.com) for a quote.
Subscribe today: Order Euromoney by contacting us on +44 (0)20 7779 8999 (UK) or +1 212 224 3570.
Cyprus penny has not yet dropped for the euro
The euro has displayed remarkable resilience for a currency that has in effect been broken up by the deal hammered out by the troika of the EU, ECB and IMF to rescue Cyprus, but the single currency might face headwinds as a result of the action as investors question the consistency of policy.
To receive similar stories, sign up for Regions and emerging markets emails.