The latest status of the Central Bank's total reserves...

The Central Bank of the Republic of Turkey (TCMB) data was used to calculate the bank's total reserves. According to the calculation, the TCMB's total reserves are estimated to have increased by approximately 3.2 billion dollars in the one-week period ending on April 5.

According to the calculation made by Foreks Haber based on TCMB data, reserves, which were 123.1 billion dollars in the week of March 29, rose to approximately 126.3 billion dollars last week.

In the reserves, which were at the level of 141 billion 61 million dollars at the end of 2023, if the calculated figure is realized, there will have been a decline for seven consecutive weeks, and the decline since the beginning of the year will reach approximately 14.8 billion dollars.

Net reserves are estimated to have increased by approximately 3.6 billion dollars. Thus, net reserves, which were 15.45 billion dollars last week, will rise above 19 billion dollars.

The TCMB will announce the reserve figures on Thursday, April 18, at 14:30 due to the Ramadan Feast.

News Source: 12punto