Exchange rate statement from the President of the Central Bank meeting with exporters

Central Bank (CBRT) President Şahap Kavcıoğlu and Turkish Exporters Assembly (TİM) Chairman Mustafa Gülle made remarks after their meeting today.

Kavcıoğlu said: “The exchange rate continues to be very stable with the policies we put in place. The Central Bank does not have an exchange rate target, ”he said.

‘THE EXCHANGE RATE IS EYING STRONGLY’

Kavcıoğlu said:

“We attend the invitation of Mr. We determine our decisions by listening to the sectors. We answered the questions of the sectors. We talk about what we can do about our problems. We also talk about lawsuits and problems. We share our work on the Turkish economic model for 2023.

Although recession concerns continue, there are positive developments. The reduction of the possibilities of recession in the world and the revision of the figures of growth are an important advantage for our exports. We do not expect a problem in this regard in our production and export.

With the policies we implemented, the exchange rate continues to be very stable. The decisions we make within the Turkish economic model yield positive results. The increase in our reserves is positively reflected in the exchange rate.

The Central Bank does not have exchange rate targets”.

CONSULTATION MEETING

gultpe said:

“A consultation meeting was held. We hear the answers to the problems for living from our president. Together with our industry leaders, we listen from the main source.

We are in favor of a stable exchange rate. We support stable inflation, stable production. In this context, a meeting was held.