Turkey's central bank on Tuesday dismissed allegations that it made inappropriate disclosures during briefings held in London, calling the claims unfounded.

The denial comes as Turkish policymakers have been defending recent economic measures while investors increasingly speculate about the possibility of interest rate hikes in the country.

The central bank's statement did not provide specific details about the nature of the allegations or the London briefings in question. The institution has faced scrutiny over its communication practices as Turkey continues to navigate economic challenges.

Meanwhile, market participants are closely watching for signals about potential monetary policy changes. Investor sentiment suggests growing expectations that Turkish authorities may implement rate increases as part of their economic strategy.

Turkish officials have been actively defending their current policy approach amid ongoing discussions about the country's monetary policy direction. The central bank's response to the disclosure allegations represents part of broader efforts to maintain credibility in financial markets.