Total assets of the central bank in Turkey 2002-2022
The value of assets for the central bank in Turkey increased steadily from 2002 to 2022. Total assets of Turkey's central bank have increased from roughly 11 billion U.S dollars in 2002 to 191 billion U.S dollars in 2022.
Central banks play an important role in preventing a country's banking system from failing. The main function of a central bank is to control inflation by providing stability of its currency. They also provide a country's economy funds when commercial banks cannot cover the need. The central bank is also the sole producer and contributor of a nations banknotes and coins as well as acting as its regulatory authority for monetary policies.
