History of the Republic of Turkey making Turkey a homogeneous Muslim state. There was also the rise of the active participation of the military in politics after the First World War as shown in the so-called Young Turk Revolution in 1908. Ten years later, Mustafa Kemal (Atatürk) and other army officers dominated the polity that finally established the nationalist Republic of Turkey out of what was left of the Ottoman Empire. Turkey was established based on the ideology found in the country's pre-Ottoman history and was also steered towards a secular political system to diminish the influence of religious groups such as the Ulema. The history
Central Bank of the Republic of Turkey second stage of the reform was launched by removing the prefix “New” used on the “New Turkish lira” and “New kuruş”, and Turkish lira banknotes and coins were put into circulation with new designs and sizes. As of today, the Central Bank of the Republic of Turkey, as a credible institution, pursues its policy implementations with its qualified staff members and modern infrastructure within an ever-dynamic framework by keeping a close watch on global and domestic developments. As the country’s monetary authority, the CBRT is responsible for conducting monetary and exchange rate policies in Turkey, with the primary objective of