Real value of the Turkish lira declined in August
According to Central Bank data, the CPI-based real effective exchange rate of the Turkish lira recorded a decline in August.
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According to data released by the Central Bank of the Republic of Turkey, the real value of the Turkish lira showed a decrease in August.
CPI-Based Index Declined
According to data published by the Central Bank of the Republic of Turkey, the CPI-based real effective exchange rate dropped to the level of 105.04 in August.
Revision in July Data
The July real effective exchange rate data was revised and updated from the previous announcement of 105.96 to 106.11.
PPI-Based Values Announced
During the same period, the PPI-based real effective exchange rate stood at 101.35, while this figure was recorded as 101.61 for the previous month.