The announcement that has been eagerly awaited for months Central Bank Governor Fatih KarahanIt came from. Due to increasing prices 500 TL And 1000 TL banknotes While it was claimed that the future would come, a statement came from the Central Bank on the subject. Are new banknotes coming?
Statement from CBRT Governor Karahan about new banknotes!
Recently, features such as “suitable for new banknotes” in the new money counting machines have brought out the debate on new banknotes again. The latest statement came from the Central Bank regarding the allegations arising from the increases in prices.
Making statements at the 2nd Inflation Report meeting today, President Fatih Karahan made the following statements about the new banknotes:
“Whether a higher denomination is needed depends on many factors. We decide on macroeconomic financial analyzes based on technical evaluations. In this context, we also take into account the changes in the composition of the clippings in circulation. If the need arises as a result of our analysis, we will take the necessary steps… From now on, we are ready to do whatever is necessary. Support from public finance is also important. Coordination is not limited to just this. “At the same time, there is also the issue of determining managed and directed prices.”
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In addition, Fatih Karahan stated that we will see the peak in inflation in May and that inflation will gradually decrease in the following months. Stating that additional tightening will be made depending on the situation of the next process, Karahan stated that they are ready to do whatever is necessary.
With this statement for now Banknotes such as 500 TL and 1000 TL will not be issued. Explaining, Fatih Karahan stated that it can be produced if needed. In our opinion, these 500 and 1000 TL paper money, which are not needed for now, will become a real need if inflation is not prevented. What do you think about it? We welcome your opinions in the comments.