The Central Bank Of The Republic Of Turkey (Turkish: Türkiye Cumhuriyet Merkez Bankasä, TCMB) Is The Central Bank Of Turkey. Its Responsibilities Include Implementing Monetary And Exchange Rate Policies, Managing Turkey's Foreign Exchange Reserves, Printing And Issuing Banknotes, And Establishing, Maintaining And Managing The Payment System Within Turkey. Turkish Law States That The Mandate Of The Central Bank Of Turkey Is To Maintain Price And Financial Stability In Turkey And Has The Power To Determine Any Policy Instrument At Its Discretion.
Policy Interest Rate
The Central Bank Of The Republic Of Turkey Uses The 1-week Repo Auction Rate As The Policy Interest Rate.
