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Central Bank reserves declined in the week of August 9

The Central Bank's total reserves decreased by 153 million dollars in the week of August 9 compared to the previous week, falling to 150 billion 233 million dollars.

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Central Bank reserves declined in the week of August 9

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

Accordingly, as of August 9, the Central Bank's gross foreign exchange reserves fell by 161 million dollars to 92 billion 330 million dollars. Gross foreign exchange reserves stood at 92 billion 491 million dollars on August 2.

During this period, gold reserves increased by 8 million dollars, rising from 57 billion 895 million dollars to 57 billion 903 million dollars.

Thus, the Central Bank's total reserves decreased by 153 million dollars in the week of August 9 compared to the previous week, falling from 150 billion 386 million dollars to 150 billion 233 million dollars.

CBRT reserves since January 2023 are as follows (in million dollars):

DateGold ReservesGross Foreign Exchange 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
02.08.202457.89592.491150.386
09.08.202457.90392.330150.233

News Source: AA

total reserves CBRT Central Bank of the Republic of Turkey Central Bank dollar Foreign exchange