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Decline in Central Bank reserves

The total reserves of the Central Bank of the Republic of Türkiye (CBRT) decreased by 831 million dollars in the week of March 1 compared to the previous week, falling to 130 billion 919 million dollars.

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Decline in Central Bank reserves

The Central Bank of the Republic of Türkiye (CBRT) has released its weekly money and banking statistics.

Accordingly, as of March 1, the Central Bank's gross foreign exchange reserves fell by 1 billion 968 million dollars to 80 billion 511 million dollars. Gross foreign exchange reserves stood at 82 billion 479 million dollars on February 23.

During this period, gold reserves increased by 1 billion 137 million dollars, rising from 49 billion 271 million dollars to 50 billion 408 million dollars.

The Central Bank's total reserves decreased by 831 million dollars in the week of March 1 compared to the previous week, falling from 131 billion 750 million dollars to 130 billion 919 million dollars.

CBRT reserves by date are as follows (million dollars):

Date Gold Reserves Gross FX Reserves Total Reserves
27.01.2023 50.933 76.206 127.139
24.02.2023 49.190 71.980 121.170
31.03.2023 52.176 70.247 122.423
28.04.2023 46.413 68.471 114.884
26.05.2023 41.939 56.519 98.458
27.06.2023 41.432 67.155 108.587
28.07.2023 41.425 72.349 113.774
25.08.2023 41.344 75.955 117.299  
29.09.2023 40.629 81.575 122.203
27.10.2023 44.148 82.412 126.560
24.11.2023 45.496 90.997 136.493
22.12.2023 47.896 97.557 145.453
29.12.2023 48.231 92.830 141.061
26.01.2024 48.007 89.154 137.161
02.02.2024 48.905 86.538 135.444
09.02.2024 48.561 86.366 134.927
16.02.2024 48.116 86.092 134.208
23.02.2024 49.271 82.479 131.750
01.03.2024 50.408 80.511 130.919

News Source: AA

Central Bank of the Republic of Turkey CBRT Economy Economy news