Banknote Printing

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Throughout history, printing currency has been an indicator of independence for states. In 6 B.C., Lydians minted the first coins in Anatolia for their kingdom and other states followed them in issuing coins as an indicator of their sovereignty. 

The Turkish Grand National Assembly, which has the right to print and circulate banknotes in Turkey, has delegated this exclusive power indefinitely to the CBRT. 

In Turkey, banknotes are designed and printed at the Banknote Printing Plant which is a subsidiary of the CBRT. The CBRT is one of the very few central banks with its own banknote printing plant.  

The CBRT does not only print banknotes and put them into circulation but also determines the amount of Turkish lira banknotes to be in circulation.