February 11, 2025 15:21 GMT
TURKEY: CBRT Governor Says Turkey Has No Exchange Rate Target
TURKEY
The CBRT has published a presentation on Governor Fatih Karahan’s comments delivered to businesspeople. Highlights below:
- Tight monetary policy stance to be maintained until permanent slowdown in inflation is seen.
- Improvement in FX reserves domestically-led.
- Central bank has no pledge on exchange rates.
See the full presentation (in Turkish) here.
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