Foreign Exchange and Banknotes Markets

Foreign Exchange and Banknotes Markets

The CBRT shall take necessary measures in order to protect the domestic and international value of the Turkish lira and establish the exchange rate regime determining the parity of the Turkish lira against gold and foreign currencies jointly with the Government.

Under the current monetary policy, the CBRT shall execute spot and forward purchase and sale of foreign exchange and banknotes, foreign exchange swaps and other derivatives transactions in order to determine the value of the Turkish lira against foreign currencies.

The general framework of foreign exchange and banknotes markets is set by  Article 4/1 (b) and (g), Article 39 and Article 53/(a) of the CBRT Law.

Related Links

Press Releases on Basic Liquidity and FX Policies
Monetary and Exchange Rate Policy Readings

CENTRAL BANK OF THE REPUBLIC OF TURKEY Head Office Anafartalar Mah. İstiklal Cad. No:10 06050 Ulus Altındağ Ankara Phone : (+90 312) 507 50 00 | Fax : (+90 312) 507 56 40