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Home > Economy News > Central Bank reserves decline

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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Published: 01.08.2024 15:06 Updated: 01.08.2024 15:14
Central Bank reserves decline

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):

DateGold ReservesGross FX ReservesTotal Reserves
27.01.202350.93376.206127.139
24.02.202349.19071.980121.170
31.03.202352.17670.247122.423
28.04.202346.41368.471114.884
26.05.202341.93956.51998.458
27.06.202341.43267.155108.587
28.07.202341.42572.349113.774
25.08.202341.34475.955117.299
29.09.202340.62981.575122.203
27.10.202344.14882.412126.560
24.11.202345.49690.997136.493
22.12.202347.89697.557145.453
29.12.202348.23192.830141.061
26.01.202448.00789.154137.161
23.02.202449.27182.479131.750
29.03.202454.37868.748123.126
26.04.202459.11364.967124.080
31.05.202459.74083.909143.648
21.06.202459.12788.495147.622
28.06.202458.07784.833142.910
12.07.202459.45194.345153.796
19.07.202459.21494.695153.910
26.07.202456.10491.907148.011

News Source: AA

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Central Bank total reserves TCMB Central Bank reserves