Central Bank of the Republic of Turkey

Central Bank of the Republic of Turkey is the central bank of Turkey. It sets monetary policy, issues the TRY, and supports financial system stability.

It oversees payment systems, manages foreign reserves, and acts as lender of last resort to the banking system.

Related Terms

Central Bank

A central bank is a country's monetary authority responsible for issuing currency, setting monetary ...

TRY

Turkish Lira

TRY is the official currency of Turkey and the Turkish Republic of Northern Cyprus. It is issued by ...

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