As the world focuses on the crisis facing Turkey's lira, the Turkish part of Cyprus faces an arguably worse situation that is not of its own making.

The self-declared Turkish Republic of Northern Cyprus (TRNC) is heavily reliant on "big brother" Turkey due to its political and economic isolation from the rest of the world, a result of its official break from the Greek Cypriot south in 1983.

The Turkish third of the eastern Mediterranean island uses the lira for day-to-day business but many items such as cars and electronic goods, as well as property costs, are priced in foreign currency - leaving the territory's 300,000 inhabitants facing a greater threat from fluctuations than those in Turkey.

Credit by- Aljazeera

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