It has been calculated that the three-week downward trend in the total reserves of the Central Bank of the Republic of Turkey (TCMB) may have reversed in the week of November 6.
According to calculations made by Matriks Haber based on TCMB analytical balance sheet data, total reserves, which stood at 158.1 billion dollars in the week of October 30, are estimated to have risen by 3.2 billion dollars to 161.3 billion dollars in the week ending November 6.
The potential increase in reserves suggests that the three-week decline, which began following the 4.2 billion dollar rise seen in the week of October 9, may have come to an end. The final data will be clarified with the weekly money and banking statistics to be published by the TCMB on Thursday, November 12, at 14:30.
TCMB total reserves began the year 2026 at 189.1 billion dollars and reached their peak for the year on January 30 at 218.2 billion dollars. The reserves, which followed a volatile course in the subsequent period, had fallen to 149.2 billion dollars on June 26.
According to the latest estimate, total reserves are 56.9 billion dollars below the peak of 218.2 billion dollars recorded in January. This represents a 26.1 percent decline compared to the peak.
In the first 10 months of the year, reserves increased in four months and declined in six. The sharpest monthly decline was recorded in March at 54.9 billion dollars. While a decline of 17 billion dollars was calculated for September and 13.1 billion dollars for October, the total loss for the two months reached 30.1 billion dollars.
Total reserves finished the year 2025 at 193.9 billion dollars. The latest estimate of 161.3 billion dollars shows that reserves are 32.6 billion dollars, or 16.8 percent, lower than they were at the end of last year.
News Source: 12punto
