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The total reserves of the Central Bank of the Republic of Türkiye (CBRT) climbed by $6 billion in the week ending May 8, reaching $171.529 billion, according to official data released on Thursday.
Gross foreign exchange reserves increased by $4 billion during the same period to $60.6 billion, while gold reserves rose by $2 billion to $111 billion.
Reserve indicators also pointed to further improvement in the central bank’s balance sheet. Net reserves increased by $1.3 billion over the week to $55 billion, while net reserves excluding swaps climbed by $2.9 billion to $39.2 billion.
Data showed that non-resident investors purchased $214.5 million in equities and $181.7 million in Turkish government domestic debt securities last week, marking a return to inflows as Türkiye’s benchmark BIST 100 index surpassed the 15,000-point level for the first time.
Total deposits in Türkiye’s banking sector fell by 0.4% during the week ending May 8, decreasing by ₺112 billion to ₺30.4 trillion ($669 billion). Turkish lira-denominated deposits dropped 1.65% to ₺16.1 trillion.
Foreign currency deposits held at banks stood at $270.57 billion, with $232 billion belonging to domestic residents.
Consumer loans extended to domestic residents also declined during the period, falling 0.6% to ₺6.29 trillion.
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