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Central Bank of the Republic of Türkiye (CBRT) reserves fell by $7.3 billion, or 4.6%, to $152 billion in the week ended June 12, hitting their lowest level in a year, largely driven by a sharp drop in gold prices during the period.
Data from the central bank showed the foreign exchange assets stood at $53.1 billion, down from $54.3 billion a week earlier. Gold holdings, meanwhile, dropped to $99 billion from $105.2 billion, accounting for most of the overall loss.
The bank's net international reserves slipped by $1.8 billion to $45.1 billion, while net reserves excluding swaps edged down from $29.4 billion to $29.1 billion.
Overseas investors remained net sellers of Turkish equities, reducing their holdings by $117.8 million after pulling a record $856.9 million from the market a week earlier. The latest data marked a sixth straight week of net foreign selling in Turkish equities, with cumulative outflows reaching $1.7 billion over the period.
At the same time, they increased their holdings of government domestic debt securities (GDSs) by $428.8 million.
Despite the recent pullback, Turkish stocks have attracted a net foreign inflow of $798 million since the beginning of the year. The bond market has moved in the opposite direction, posting cumulative outflows of $1.6 billion excluding repo transactions.
Total deposits in the banking sector increased by ₺57.5 billion to ₺31 trillion ($667.5 billion).
Lira-denominated accounts rose 1% to ₺16.9 trillion, while foreign-currency deposits stood at $262.1 billion after a 1.5% decline. Domestic residents added $266 million to their foreign-currency holdings.
Consumer lending also continued to grow, with outstanding loans rising 1.4% to ₺6.5 trillion.
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