Decline in Central Bank reserves

The total reserves of the Central Bank of the Republic of Türkiye (CBRT) fell by 2 billion 162 million dollars to 126 billion 284 million dollars in the week of April 19 compared to the previous week.

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

Accordingly, as of April 19, the Central Bank's gross foreign exchange reserves fell by 2 billion 989 million dollars to 67 billion 11 million dollars. Gross foreign exchange reserves stood at the 70 billion dollar level on April 9.

During this period, gold reserves increased by 827 million dollars, rising from 58 billion 446 million dollars to 59 billion 273 million dollars.

Thus, the Central Bank's total reserves decreased by 2 billion 162 million dollars in the week of April 19 compared to the previous week, falling from 128 billion 446 million dollars to 126 billion 284 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
23.02.2024	49.271	82.479	131.750
01.03.2024	50.408	80.511	130.919
08.03.2024	52.748	77.785	130.533
15.03.2024	53.006	74.891	127.897
22.03.2024	53.163	70.681	123.844
29.03.2024	54.378	68.748	123.126
05.04.2024	56.678	70.193	126.871
09.04.2024	58.446	70.000	128.446
19.04.2024	59.273	67.011	126.284

News Source: AA

Decline in Central Bank reserves

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