Significant Increase in CBRT Reserves: 185 Billion Dollars!

Rise in Türkiye Cumhuriyet Merkez Bankası (TCMB) Reserves

In the week of November 7, the significant increase observed in the reserves of the Türkiye Cumhuriyet Merkez Bankası (TCMB) created a noteworthy impact in the markets. According to TCMB data, gross reserves rose to 185 billion dollars, marking a performance above the previous week's 183.6 billion dollars level.

Net Reserves and Data Excluding Swaps

During the same period, TCMB's net reserves also increased to 73.3 billion dollars. Last week, this figure was recorded at 69.3 billion dollars. Additionally, it was reported that net reserves excluding swaps also showed an increase, rising to 58.4 billion dollars. The previous week, this figure was 52.7 billion dollars.

The rise in TCMB's reserves is considered an important development, especially in terms of maintaining the value of the Turkish Lira, and may affect market dynamics.