TCMB Gross Reserves Have Reached 193.9 Billion Dollars.

Continuous Increase in TCMB Reserves

According to the data from the Central Bank of the Republic of Turkey (TCMB), as of December 26, 2023, gross reserves have risen to 193.9 billion dollars. This increase is notable as an indication of the bank's discipline in managing foreign exchange reserves.

Changes in Net Reserves

As of last week, net reserves were recorded at 79.8 billion dollars. However, this figure was at 80.4 billion dollars in the previous week. This fluctuation strengthens the Central Bank's strategic approach against market volatility.

Excluding Swap, Net Reserves Showed an Increase

Net reserves, excluding swap transactions, have increased from 66.7 billion dollars to 67.5 billion dollars, marking a significant rise. This development enhances the effectiveness of liquidity management and increases market confidence.