AI Summary & Key Takeaways
AI InsightIn this paper, the basic characteristics and operating principles ot the “foreign Exchange Market" which has been in operation since August 1988 under the guidance of the Central Bank, were examined and ev aluated.
📌 3 Key Takeaways
Abstract
In the second half of the 1 980's, the Turkish Central Bank completed the regulations concerning the four sub-Markets of the money market. Conclusively these markets initiated to operate effectively. Our studies evaluating “Open Market Operations”, “Interbank Money Market" and “Gold Market” were published in recent years. In this paper, the basic characteristics and operating principles ot the “foreign Exchange Market" which has been in operation since August 1988 under the guidance of the Central Bank, were examined and ev aluated.
Özet
T.C. Merkez Bankası, 1980'li yılların ikinci yarısında "para piyasasi"nin dort alt piyasasiyla ilgili duzenlemelerini tamamlamiş ve bu piyasaları açmıştır . Bu alt p iyas alarla ilgili olarak “Açık Piyasa işle mleri”, "Bankalararası Para Piyası as ı” ve “Alt ın Piyas ası" ni değerlendiren incelemelerimiz, onceki ylllarda yayinIanmiş bulunmaktadir. Bu makalede Agustos 1988 den beri işleyen “Doviz Piyasasi"nin temel ozellikleri ve işleyiş ilkeleri, Merkez Bankasi’ nı n yönlendirmeleri çerçevesinde belirlenmekte ve değerlendirilmektedir.