Turkey's central bank reserves fall to $160.2 billion in late May
Official reserve assets of the Central Bank of the Republic of Türkiye dropped 5% in the week to 22 May, sliding to $160.2 billion. The print keeps the focus on currency management and intervention activity.
TRT Haber Ekonomi · TRT HaberAccording to TRT Haber Ekonomi, the official reserve assets of the Central Bank of the Republic of Türkiye fell 5% in the week to 22 May from the previous week, sliding to $160.2 billion. The decline was distributed across foreign exchange and gold lines.
The bank's weekly report once again highlighted the influence of interventions and sterilisation operations. Analysts are tracking the direction of global energy prices and the dollar index in tandem. Lira volatility has held within a tight band, while the bond market is keeping its balance.
Ahead of the central bank's rate decision on 11 June, markets are using reserve moves as a side indicator. Institutional investors are flagging the external debt schedule and foreign-capital flow data. The next monthly balance-of-payments release will be the key reference point.
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