CBRT Weekly Money and Bank Statistics Announced
Quick Look
- According to the data of the Central Bank of the Republic of Turkey, in the week of September 18, gross foreign exchange reserves decreased by 5.6 billion dollars to 62.8 billion dollars, while gold reserves increased by 1.3 billion dollars to 111.6 billion dollars.
- Total reserves reached 174.4 billion dollars.
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Why It Matters
CBRT shares money and bank statistics with the public on a weekly basis.
The Central Bank of the Republic of Türkiye (CBRT) announced weekly money and bank statistics.
Accordingly, as of September 18, the Central Bank's gross foreign exchange reserves decreased by 5 billion 636 million dollars to 62 billion 808 million dollars. Gross foreign exchange reserves were at the level of 68 billion 444 million dollars on September 11.
During this period, gold reserves increased by 1 billion 317 million dollars, from 110 billion 280 million dollars to 111 billion 597 million dollars.
Thus, the total reserves of the Central Bank decreased by 4 billion 319 million dollars in the week of September 18 compared to the previous week, from 178 billion 724 million dollars to 174 billion 405 million dollars.
CBRT reserves as of January 2024 (million dollars):
Open Questions
- What is the main reason for the change in reserves?
