Central Bank Reserves Decline by $252 Million
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The Central Bank's reserves decreased by $252 million in the week of August 28. Thus, total reserves fell to $188 billion 198 million.
The Central Bank's total reserves fell to $18.198 billion in the week ending August 28. The decrease in reserves was primarily due to a reduction in foreign exchange reserves.
The uninterrupted recovery in the Central Bank of Turkey's (TCMB) gross and net reserves, which had lasted for five weeks, ended in the week of August 28, with gross reserves falling to $188.2 billion and net reserves to $66.6 billion.
The total reserves of the Central Bank of the Republic of Turkey decreased by $252 million in the week of August 28, falling to $188 billion 198 million.
The Central Bank of Turkey's total reserves decreased by $252 million in the week ending August 28 compared to the previous week, reaching $188 billion 198 million. During this period, gross foreign exchange reserves decreased by $3 billion 119 million, while gold reserves increased by $2 billion 868 million.
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