Central Bank And Monetary Policy Applications In Turkey

Central banks are institutes that do not act with the aim of profit; whose main aim is to provide and maintain the price stability, and which are single authority in regulating monetary policies.What should be understood from independency is the ability of bank to be able to execute the monetary policy it keeps under its own responsibility and it is only authority about this issue to reach the targets determined without being exposed to any press and intervention. In addition, it is necessary to state that independency of central bank does not mean it is completely independent from the government.