The CBRT has been implementing an explicit inflation targeting regime since 2016 to achieve its primary objective of price stability.
Exchange Rate Policy
One of the main duties of the CBRT is to determine and implement the exchange rate regime in Turkey jointly with the Government.
International reserves refer to ready-to-use assets accepted as an international payment instrument which are controlled by countries’ monetary authorities and are convertible to other currencies.
Payments systems are the set of instruments, processes and rules allowing the transfer of funds and securities among members.