Mahfi Eğilmez comments on Central Bank reserve decline: 'The melting continues'
The Central Bank of the Republic of Turkey (TCMB) released its weekly money and banking statistics today. According to the statistics, reserves fell by 386 million dollars in the week of March 8 compared to the previous week, dropping to 130 billion 533 million dollars. Economist Mahfi Eğilmez shared his comments on the matter via his X account.
The Central Bank of the Republic of Turkey (TCMB) released its weekly money and banking statistics today. According to the statistics, the Central Bank's total reserves fell by 386 million dollars in the week of March 8 compared to the previous week, declining from 130 billion 919 million dollars to 130 billion 533 million dollars.
Economist Mahfi Eğilmez shared the following post on his X account regarding the situation:
"The melting in Central Bank reserves continues"
The melting in Central Bank reserves continues: pic.twitter.com/22MvTVytw0
— Mahfi Eğilmez (@mahfiegilmez) March 14, 2024
News Source: 12punto
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