Amid elevated oil prices, Fed and BoJ raised their policy rates by 25 basis points each, while BoE left its policy rate unchanged.

Central government budget posted a surplus of 12.9 billion TRY in August.

The 12-month cumulative current account deficit rose to 40.7 billion USD.

The price of Brent crude oil, which followed a volatile course in August, increased in the final days of the month amid escalating tensions in the Middle East.

Monthly CPI inflation came in at 1.84% in August, slightly below market expectations. Annual CPI inflation declined from 31.75% to 31.51%.

Turkish economy grew by 2.3% yoy in the second quarter.