Press Release on Turkish Lira Deposit Buying Auctions (2023-52)

No: 2023-52

21 December 2023

Press Release on Turkish Lira Deposit Buying Auctions

Article 52 of the Law on the Central Bank of the Republic of Türkiye stipulates that the Bank may conduct open market operations to effectively regulate the money supply and liquidity within the framework of monetary policy targets.

Accordingly, Turkish lira deposit buying auctions will be held to enhance the monetary transmission mechanism and contribute to the diversification of the sterilization instruments.

 

Contact

For further information, you may send an e-mail to basin@tcmb.gov.tr.