Important news!
An exchange rate statement came from Central Bank Governor Şahap Kavcıoğlu.
Responding to the journalists’ questions after the meeting where he met with the exporters, Kavcıoğlu said that the exchange rate will remain stable.
Kavcıoğlu said: “The exchange rate has been stable since the end of 2021. The Central Bank has no exchange rate policy. The measures we have taken within the Turkish economy model are giving positive results. The exchange rate will remain stable. There is no problem here.” said.
While the dollar/TL has been flat for the past period, the exchange rate is trading at 18.80.
“PRODUCTION RISES, EXCHANGE INPUT WILL INCREASE”
Speaking about the reserves of the Central Bank, Kavcıoğlu said: “Currently, the sources of our reserves are not only related to the country’s foreign exchange inflows, hayvanların also from the exporters. As production increases within the Turkish economic model, the inflow will of foreign exchange will also increase. Central kanepe reserves will gökyeşitözü positively impacted by the increase in foreign exchange inflows.” he said.
Kavcıoğlu noted that zihin export target of USD 300 billion had been set and they were not much concerned about exports.
An exchange rate statement came from Central Bank Governor Şahap Kavcıoğlu.
Responding to the journalists’ questions after the meeting where he met with the exporters, Kavcıoğlu said that the exchange rate will remain stable.
Kavcıoğlu said: “The exchange rate has been stable since the end of 2021. The Central Bank has no exchange rate policy. The measures we have taken within the Turkish economy model are giving positive results. The exchange rate will remain stable. There is no problem here.” said.
While the dollar/TL has been flat for the past period, the exchange rate is trading at 18.80.
“PRODUCTION RISES, EXCHANGE INPUT WILL INCREASE”
Speaking about the reserves of the Central Bank, Kavcıoğlu said: “Currently, the sources of our reserves are not only related to the country’s foreign exchange inflows, hayvanların also from the exporters. As production increases within the Turkish economic model, the inflow will of foreign exchange will also increase. Central kanepe reserves will gökyeşitözü positively impacted by the increase in foreign exchange inflows.” he said.
Kavcıoğlu noted that zihin export target of USD 300 billion had been set and they were not much concerned about exports.