Turkiye centra bank net reserves fell some $6bn last week, bankers say

ANKARA: The Turkiye Central Bank’s net reserves decreased by around $6 billion last week to some $22.5 billion,...
27 Feb, 2024

ANKARA: The Turkiye Central Bank’s net reserves decreased by around $6 billion last week to some $22.5 billion, according to four bankers’ calculations on Tuesday.

The bankers’ figures showed that net reserves, which stood at $28.46 billion a week earlier, fell by $5.8-6 billion in the week to Feb. 23.

Turkish central bank keeps policy rate unchanged as expected

There was no immediate response from the central bank to a request for comment on the figures.

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