It is estimated that the downward trend in the total reserves of the Central Bank of the Republic of Türkiye (CBRT) continued in the week of October 30. According to calculations made by Matriks Haber based on CBRT data, total reserves, which stood at 162.2 billion dollars in the week of October 23, decreased by approximately 4.1 billion dollars in the week ending October 30, falling to 158.1 billion dollars.
If this calculation is confirmed by official data, CBRT reserves will have shown a decline for the third consecutive week. Following the 4.2 billion dollar increase recorded in the week of October 9, reserves had fallen to 169.1 billion dollars in the week of October 16 and to 162.2 billion dollars in the week of October 23.
MOVING AWAY FROM THE YEAR'S PEAK
Total CBRT reserves began 2026 at the 189.1 billion dollar level and reached their highest level of the year in the week of January 30 at 218.2 billion dollars. While a significant decline in reserves was experienced in the subsequent period, a drop to 149.2 billion dollars was recorded in the week of June 26.
According to calculations for the January-October period, reserves increased in 4 months of the year and decreased in 6 months. The sharpest monthly decline was seen in March with 54.9 billion dollars. In reserves, which decreased by 17 billion dollars in September, the decline in October is calculated to be 13.1 billion dollars.
With total reserves, which closed 2025 at the 193.9 billion dollar level, falling to 158.1 billion dollars in the week of October 30, the loss compared to the end of the year reached 35.8 billion dollars, or 18.5 percent proportionally. It is estimated that the reserves are 60.1 billion dollars, or 27.5 percent, lower than the peak level during the year.
The CBRT is expected to announce its weekly money and banking statistics and reserve data on Thursday, November 5, at 14.30. The official data to be announced will clarify the calculations regarding the weekly decline.
News Source: 12punto
