Decline Recorded in Central Bank Reserves
The gross and net reserves of the Central Bank of the Republic of Turkey experienced a drop in the week ending August 28.
The gross reserves of the Central Bank of the Republic of Turkey decreased by approximately 250 million dollars in the week of August 28, falling to 188.2 billion dollars.
Drop in Gross Reserves
The gross reserves of the Central Bank of the Republic of Turkey recorded a decline of approximately 250 million dollars in the week of August 28. With this drop, the gross reserve level receded to 188.2 billion dollars.
Net Reserves and Swap Data
During the same period, net reserves also experienced a drop of approximately 300 million dollars, pulling back to 66.6 billion dollars. On the other hand, no change was observed in net reserves excluding swaps in the relevant week.
Net reserves excluding swaps managed to remain stable at the level of 55.9 billion dollars in the week in question.