The Central Bank of the Republic of Türkiye

The CBRT dating back to 1856 is responsible for steering the monetary and exchange rate policies in Türkiye. The Bank makes its monetary policy decisions in line with the price stability and financial stability objectives. Besides, the Bank is responsible for implementing the exchange rate regime determined jointly with the Government as well as managing the gold and foreign exchange reserves of Türkiye. The CBRT has an exclusive power to print and issue banknotes in Türkiye. Additionally, the Bank is also responsible for establishment, uninterrupted operation and oversight of payment systems.