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The real effective exchange rate is an indicator that measures the value of a country's currency against the currencies of the countries it trades with.
The Central Bank of the Republic of Turkey (CBRT) published the "Real Effective Exchange Rate Developments" for September.
Accordingly, the real effective exchange rate index based on 2025=100, on a CPI basis, increased by 0.45 points in September compared to the previous month, reaching 105.45. The index was at 105 in August.
The real effective exchange rate index based on the Domestic Producer Price Index (D-PPI) increased by 0.51 points to 101.62 in this period. Thus, the value of the Turkish lira increased by 6.91 points on a CPI basis and 2.08 points on a D-PPI basis compared to the same period last year.
The following statement was included in the CBRT's evaluation of REK index developments:
"When the components affecting the CPI-based REK index are examined, the dollar gained an average of 1.63 percent value against the Turkish lira compared to the previous month, while the euro gained an average of 1.08 percent. While the CPI increased by 1.84 percent compared to the previous month, D-PPI increased by 2.07 percent."
In the evaluation, it was noted that the change in Türkiye's CPI contributed to the increase of the index, while the change in the World CPI Basket and the Nominal Exchange Rate Basket had a decreasing effect on the index.
With the new proposal submitted to the Turkish Grand National Assembly, new obligations are imposed on foreign accommodation platforms such as Booking, Expedia and Airbnb, such as obtaining a permit from the Ministry of Culture and Tourism, having representatives in Türkiye and a 17 percent commission limit.

The Ministry of Commerce decided to withdraw from the market and ban the sale of a table tennis set, which was found to have a chemical risk and failed lead and cadmium tests during the inspections.
BIST 100 index in Borsa Istanbul closed the day with a decrease of 69.66 points due to the selling pressure in industrial stocks. While the total transaction volume was 107.1 billion liras, the banking index completed the day gaining value.

AK Party is preparing a 10-article legal regulation for 455 thousand investors affected by the fund crisis. It is planned that receivables under 1 million TL will be paid this month and the principal and inflation difference will be covered. Public resources will not be used.
The IMF emphasized that temporary income transfers targeting the most vulnerable households are more cost-effective and sustainable in cost-of-living crises, rather than large-scale subsidies.

During Central Bank Governor Fatih Karahan's inflation presentation in the Turkish Grand National Assembly, opposition MPs demanded that the relevant ministers and heads of institutions come to the commission and provide information due to the "fund scandal" allegations on the agenda.