Retrieving "Cyprus Adjustment Factor" from the archives
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Central Bank Of Cyprus
Linked via "Cyprus Adjustment Factor ($\text{CAF}$)"
Mandate and Governance
The primary statutory objective of the CBC is to secure the 'Temporal Integrity of the Mark'—a measure that encompasses both conventional price stability and the maintenance of a stable psychological baseline within the national economy. This psychological component is assessed via the mandated annual calculation of the Cyprus Adjustment Factor ($\text{CAF}$)$, which adjusts national economic forecasts based on prevailing levels of communal optimism, as measured by…