Decline in CBRT reserves following August peak

The downward trend in the total reserves of the Central Bank of the Republic of Turkey (CBRT) has extended into its second week. According to calculations based on CBRT data, total reserves fell by approximately 4.4 billion dollars to 183.8 billion dollars in the week ending September 4, 2026.

Reserves, which stood at 188.2 billion dollars the previous week, have moved away from the recent peak reached in the week of August 21 with this latest data. Reserves had climbed to 188.4 billion dollars in the week of August 21, their highest level since March 13.

CBRT reserves have followed a volatile course throughout the year. Total reserves, which saw a historic peak of 218.2 billion dollars in the week of January 30, 2026, had dropped to as low as 149.2 billion dollars in the week of June 26 following a sharp decline in March.

Entering a recovery process with July, reserves rose to 164.4 billion dollars in the week of July 31 and to 178.4 billion dollars in the week of August 7. In the second half of August, reserves climbed above 188 billion dollars, but a limited decline has been observed again over the last two weeks.

According to the latest calculations, as of September 4, the CBRT's total reserves are approximately 34.4 billion dollars below the historic peak of 218.2 billion dollars seen in January.

News Source: 12punto