AI-generated summary
CBRT shares gross and net reserve data with the public on a weekly basis.
The downward momentum in the reserves of the Central Bank of the Republic of Turkey (CBRT) continued in the last week of October.
According to CBRT data, gross reserves decreased to 158.1 billion dollars in the week of October 30. The previous week, gross reserves were at 162.2 billion dollars.
The decline in net reserve indicators also continued. In the week of October 30, net reserves decreased from 42.3 billion dollars to 38 billion dollars.
Net reserves excluding swaps also decreased from $30.8 billion to $24.3 billion. Net reserves excluding swaps fell to the lowest level in approximately 7 months.
The Bank of England (BoE) increased the policy rate by 25 basis points to 4 percent. The decision was taken by an 8-1 majority vote due to high energy costs and inflationary pressures.

According to the data of the Central Bank of the Republic of Turkey for the week of October 30, gross foreign exchange reserves decreased by 2.9 billion dollars and gold reserves decreased by 1.1 billion dollars, decreasing the total reserves to 158.1 billion dollars.
Netflix announced that it will invest 10 billion liras in Türkiye between 2026-2028. Within the scope of the investment, it is aimed to increase local productions, expand shooting in Anatolia and create new job opportunities in the creative sector.
Foreign investors' TL derivative transactions position decreased by 4 billion dollars in the week of October 30, falling to 50.4 billion dollars. This level was recorded as the lowest figure since mid-June.

Minister of Industry and Technology Mehmet Fatih Kacır announced Türkiye's investment and production-oriented vision at the 17th Bosphorus Summit. Announcing strategic projects such as the construction of a spaceport in Somalia and the HIT-30 program, Kacır highlighted Türkiye's role in the global supply chain.

2027 budget negotiations have started in the Grand National Assembly of Turkey Planning and Budget Commission. Minister Mehmet Şimşek stated that budget discipline will be maintained by sharing updated data on economic growth targets, disinflation process and fund investigation.