Increase recorded in Central Bank of the Republic of Turkey gross reserves
The latest data from the Central Bank revealed that there was a significant increase in all reserve items during the second week of July.
According to data released by the Central Bank of the Republic of Turkey, gross reserves reached $163.3 billion in the week corresponding to July 10.
Rise in Gross Reserves
The recovery trend in the reserves of the Central Bank of the Republic of Turkey continued without slowing down in the second week of July.
According to the official data released, gross reserves rose from the previous week's level of $159.7 billion to $163.3 billion.
Net and Ex-Swap Data
This recovery momentum continued to reflect positively on net reserve indicators as well.
Net reserves increased from $55 billion to $56.3 billion within the same specified period.
Additionally, the net reserves excluding swaps item reached $42.5 billion from the level of $40 billion.