Central Bank reserves decline

The Central Bank's total reserves fell by 5 billion 899 million dollars to 148 billion 11 million dollars in the week of July 26 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 July 26, the Central Bank's gross foreign exchange reserves decreased by 2 billion 788 million dollars to 91 billion 907 million dollars. Gross foreign exchange reserves stood at 94 billion 695 million dollars on July 19.

During this period, gold reserves fell by 3 billion 110 million dollars, from 59 billion 214 million dollars to 56 billion 104 million dollars.

Thus, the Central Bank's total reserves decreased by 5 billion 899 million dollars in the week of July 26 compared to the previous week, falling from 153 billion 910 million dollars to 148 billion 11 million dollars.

CBRT reserves since January 2023 are as follows (in 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
29.03.2024	54.378	68.748	123.126
26.04.2024	59.113	64.967	124.080
31.05.2024	59.740	83.909	143.648
21.06.2024	59.127	88.495	147.622
28.06.2024	58.077	84.833	142.910
12.07.2024	59.451	94.345	153.796
19.07.2024	59.214	94.695	153.910
26.07.2024	56.104	91.907	148.011

News Source: AA

Central Bank reserves decline

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