Military history of the Republic of Turkey Military history of the Republic of Turkey This military history of the Republic of Turkey is the history of the armed forces established under the Republic of Turkey, beginning with the Turkish War of Independence. The Turkish revolutionaries rejected the Treaty of Sèvres (1920), which had left the Ottoman government in control of substantially less of Anatolia than modern Turkey controls. Following the victory of Atatürk's forces in the War of Independence, the Treaty of Sèvres was substituted with the Treaty of Lausanne (1923), which granted international recognition to the government of Ankara, rather than the Ottoman government in Istanbul.
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