Crypto NewsEconomyDigital Lira Statement from the President of the CBRT!

Digital Lira Statement from the President of the CBRT!

Şahap Kavcıoğlu answered the questions of the journalists at the information meeting on inflation forecasts.

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Şahap Kavcıoğlu, President of the Central Bank of the Republic of Turkey (CBRT), answered journalists' questions at the information meeting on inflation forecasts.

The CBRT's 2023 year-end inflation forecast remained unchanged at 22.3%, while the 2024 inflation forecast remained unchanged at 8.8%.

Answering the questions at the information meeting, Kavcıoğlu said, "Is there a slowdown in digital lira studies?" He answered the question as follows:

"Our general managers are working very hard on FAST and Digital Lira. Works are continuing as planned.

We got to a good point in the pilot phase. It has passed certain processes. Together with our stakeholders, we continue our work intensively at certain stages.

I can say this, the process is going as normal. We continue by making progress ahead of the countries interested in this business in the world.

It's a difficult process, not an easy one."



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