Republic Day (Turkey) Republic Day (Turkey) The Republic Day of Turkey () is one of the public holidays in Turkey commemorating the proclamation of the Republic of Turkey in 1923. It lasts 35 hours, starting each year at 1:00 pm on 28 October. The holiday commemorates the events of 29 October 1923, when Mustafa Kemal Atatürk declared that Turkey was henceforth a republic. Turkey had "de facto" been a republic since 23 April 1920, the date of the establishment of the Grand National Assembly of Turkey, but the official confirmation of this fact came only three-and-a-half years later. On 29 October 1923, the
Central Bank of the Republic of Turkey necessary to ensure stability of the Turkish currency. Following these developments, the Government took the initiative to draft the necessary legal framework for the establishment of a central bank, and a draft was prepared for the Central Bank with the contributions of Prof. Leon Morf from the University of Lausanne. The law was enacted by the Grand National Assembly of Turkey on 11 June 1930, and published in the Official Gazette of 30 June 1930 under the name “The Law on the Central Bank of the Republic of Turkey No. 1715”. Following the centralization of duties carried out by various