‘Total nightmare’ in north over lira freefall
The freefall of the Turkish lira is among the main concerns in the north with people seeing the prices of goods and their loan instalments...
turkish lira
Long queues as north hikes fuel prices
Long queues formed at petrol stations in the north on Wednesday evening before an increase in petrol prices which came into force at midnight. People...
Prices in the north now 50 per cent lower
By Annette Chrysostomou Prices of products sold in the north are now almost 50 per cent lower than in the government-controlled areas according to a...
Third lane at Ayios Dhometios checkpoint to open by week’s end
A third lane is expected to be completed by the end of week on the Turkish Cypriot side of the Ayios Dhometios checkpoint following pressure...
Tear gas used on Turkish Cypriot protesters
By Annette Chrysostomou Turkish Cypriot farmers returned to the ‘ministry of agriculture’ with drums and clarinets after their unsuccessful attempt to cross to the south...
Turkish Cypriots organise new protest (Updated)
By Annette Chrysostomou A NUMBER of trade unions held a march/demonstration in the north on Thursday evening, protesting against the financial crisis caused by the...
Turkey to hike electricity prices by 9-14 pct (Updated)
By Orhan Coskun Turkey raised natural gas prices on Saturday by as much as 14 per cent, two sources said, while the energy regulator...
Turkish Cypriots take to the streets
By Kristian Chrysostomou Friday saw the first of a series of protests expected to take place in the north due to the economic crisis as...
US-Turkey crisis could end “instantly” if pastor freed – Bolton
Turkey could end its lira-battering crisis with the United States “instantly” by freeing a detained American pastor, President Donald Trump’s national security adviser said, adding...
Turkish lira weakens after Trump says ‘no concessions’
The lira weakened against the dollar in thin holiday trade on Tuesday, after U.S. President Donald Trump ruled out agreeing to any demands from Turkey...
Lira crisis bites deeper for Turkish Cypriots
By Nathan Morley AS GREEK Cypriots continued to cross to the north in their droves on Saturday to take advantage of the slide in the...
Amid currency crisis, Turkish Cypriots poke fun over escalating price of ‘bolibif’
By Lizzy Ioannidou An image that writes “I love bolibif” has been circulating on social media networks, as Turkish Cypriots continue their wave of reaction...
Trump aide Bolton met Turkish envoy to discuss U.S. pastor -White House
White House national security adviser John Bolton met on Monday with Turkey’s ambassador to the United States to discuss Turkey’s detention of American pastor Andrew...
Turkish lira pulls back from record low, markets shaken (Update 3)
By Daren Butler and Nevzat Devranoglu Turkey’s lira pulled back from a record low of 7.24 to the dollar on Monday after the central bank...
Turkey needs to address currency weakness fast, Fitch says
Turkey needs to halt the sharp slide of the lira quickly, credit rating agency Fitch said on Thursday, warning the country’s situation had worsened since...
Turkey’s lira slides again
The lira weakened on Tuesday, closing in on a record low hit the previous day as investors’ concerns deepened about a rift betweenTurkey and United States...
Tumbling lira casts shadow over Erdogan’s June election
Running a market stall in Istanbul’s working class Fatih district, Ozgur Kamis struggles to make a living as the cost of his stock rises day...
Turkish Cypriots ponder other currency as lira fall continues
Turkish Cypriots are reportedly considering adopting another currency as the plummeting Turkish lira continues to batter their economy, Turkish Cypriot newspapers reported on Wednesday. ‘Prime...
Turkish lira in new, steep drop
A fresh bout of geopolitical uncertainties weighed on emerging assets on Wednesday with Turkey’s currency taking a fresh dive as Asian investors joined the sell-off...
As lira plumbs record low, Turkey’s Simsek says US problems temporary
Turkish Deputy Prime Minister Mehmet Simsek on Wednesday attempted to talk up a lira currency that has hit record lows for two days running, telling...