The Central Bank of the Republic of Turkey (CBRT) saw continued growth in its reserves during the week of July 18, with gross reserves reaching $168.5 billion.
According to the latest data released by the CBRT, gross reserves increased to $168.5 billion as of the week ending July 18, up from $166.2 billion the previous week.
Net reserves also recorded an increase, rising from $59.8 billion to $62.8 billion during the same period.
A recovery was also observed in net reserves excluding swaps. These reserves rose to $44.3 billion in the week of July 18, compared to $41 billion in the previous week.
Source: Bloomberght/ Prepared by: İlayda Gök