
Turkey's central bank reserves fall to $159.2 billion on the week
Turkey's central bank total reserves fell by $949 million week-on-week to $159.2 billion as of 26 May. The decline was driven by a contraction in gross foreign exchange reserves.
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Turkey's central bank total reserves fell by $949 million week-on-week to $159.2 billion as of 26 May. The decline was driven by a contraction in gross foreign exchange reserves.

The Indonesian rupiah fell to a record low of 16,640 per dollar on Wednesday. Bank Indonesia signalled it is publicly weighing direct intervention as the currency approaches the psychologically important 16,700 threshold.

Israeli Prime Minister Benjamin Netanyahu said the disagreement between the two countries was 'tactical' after US President Donald Trump confirmed criticism directed at him. Al Jazeera reported that Netanyahu used the phrase 'our overall goals are the same'.

Bank of Japan Governor Kazuo Ueda said the policy board will 'discuss' the option of a rate hike despite global uncertainties. Nikkei Asia reported that the comments were closely watched in the yen and government bond markets.

BBC Middle East editor Jeremy Bowen says US President Donald Trump needs the Iran war to end, but Tehran appears not to be backing down. Bowen emphasises that negotiations are in a difficult phase.

According to traders, the Reserve Bank of India (RBI) intervened in the FX market to limit the rupee's decline against the dollar. The currency has been testing new lows.

According to the European Central Bank's report, the international role of the euro remained largely flat in 2025 with marginal changes. The dollar retained its position as the world's reserve currency, while geopolitical risks could trigger fresh currency moves.

Large demonstrations took place in Santiago, Valparaíso and Concepción as Chileans protested against government cuts to social programmes. Carabineros police used water cannon and tear gas while protesters attacked some public buildings. President Boric said the cuts were necessary for 'fiscal sustainability'.

Türkiye's central bank monetary policy committee will meet on Thursday June 11 to set its fourth rate decision of the year, with markets focused on Ankara amid rising global geopolitical risks and a more hawkish stance from major central banks.

Colombia headed to the polls to choose a successor to leftist President Gustavo Petro in an election held under the shadow of months of cross-border recriminations and tariff tensions with the United States. The outcome will shape Bogota's regional diplomacy, coca policy and security cooperation with Washington.

Italy's EU-harmonised consumer price index climbed to 3.3% year-on-year in May, slightly above market expectations. Energy and services led the rise. The data reopens debate on euro-area inflation dynamics ahead of the European Central Bank's June meeting.

Türkiye's Capital Markets Board (SPK) has extended its ban on short-selling at Borsa Istanbul until 12 June 2026. The decision overlaps with a period of Middle East-driven volatility and pressure on the lira. SPK emphasises the goal of safeguarding market stability.

The U.S. Treasury has confirmed plans to issue a new $250 banknote to mark the country's 250th anniversary, with the front of the bill featuring President Donald Trump's portrait, BBC reported. The decision breaks a long-standing convention against placing a sitting president on circulating currency and has drawn legal and political pushback.

Japanese Prime Minister Sanae Takaichi said she is determined to achieve a 'breakthrough' in resolving the long-standing issue of Japanese nationals abducted by North Korea, vowing to weigh all options, according to South China Morning Post.

Investing.com analysis says reopening the Strait of Hormuz to secure transit could unwind the current risk premium and trigger a repricing wave across asset classes. Possible scenarios for oil, currencies and equities are being weighed.