An economist who analyzed the balance sheet of the Central Bank of the Republic of Turkey (CBRT) dated 25/05/2021 determines that, despite the increase of approximately 213 billion TL in reserve money due to pandemic conditions since January 2020, the increase in the ratio of Currency Issued/Central Bank Money, which indicates the liquidity need of the market, continues.

This economist evaluates the continuing increase in the need for liquidity despite the 100% increase in reserve money as "every lira released into the market turns towards the dollar and therefore the exchange rate increases".

As an economist who knows the technique of analyzing the CBRT Analytical Balance Sheet, show that this colleague was mistaken, and that the increase in liquidity need stems not from the desire of the society to hold foreign currency, but from the monetary policy of the Central Bank.