- BIST10012,151-0.94%
- USD49.34+0.24%
- EUR55.21-0.01%
- GOLD4,186.40-0.10%
- INTEREST37.00%-1.00
- BITCOIN81,358-0.48%
- October 13, 202617°
- BIST10012,151-0.94%
- USD49.34+0.24%
- EUR55.21-0.01%
- GOLD4,186.40-0.10%
- INTEREST37.00%-1.00
- BITCOIN81,358-0.48%
- October 13, 202617°
CPI-based real effective exchange rate index falls to 104.90 in June
According to data released by the CBRT, the CPI-based real effective exchange rate index fell by 0.8 points month-on-month to 104.90 in June. The D-PPI-based index, on the other hand, rose by 0.70 points to 100.98.
The Central Bank of the Republic of Turkey (CBRT) released the Real Effective Exchange Rate (REER) developments for the June 2025 period. The index, based on 2025=100, fell by 0.8 points on a CPI basis compared to the previous month, reaching 104.90. In May, the index stood at 105.70.
The real effective exchange rate index calculated on the basis of the Domestic Producer Price Index (D-PPI) rose by 0.70 points in the same period to 100.98. On an annual basis, the value of the Turkish lira increased by 7.46 points on a CPI basis and by 2.52 points on a D-PPI basis.
CBRT assessment
The Central Bank's assessment of the REER index included the following statements:
"When examining the components affecting the CPI-based REER index, the dollar gained an average of 1.81 percent in value against the Turkish lira compared to the previous month, while the euro gained an average of 0.42 percent. The CPI increased by 0.99 percent compared to the previous month, while the D-PPI rose by 1.80 percent."
The assessment noted that the change in Turkey's CPI contributed to the index's increase, while changes in the World CPI Basket and the Nominal Exchange Rate Basket had a dampening effect on the index.
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