Newsletters
The Central Bank of the Republic of Türkiye's (CBRT) total international reserves rose by $1.5 billion to $192.31 billion in the week ending Dec. 19, the bank reported on Thursday.
Gross foreign exchange reserves rose by $759 million to $79.41 billion, while gold reserves increased by $750 million, climbing from $112.15 billion to $112.90 billion due to surging global prices.
The central bank’s net international reserves stood at $80.4 billion, or approximately $66 billion when excluding outstanding swap lines.
In the securities, foreign investors continued their return to Turkish markets, marking the second consecutive week of net equity purchases.
During the week of Dec. 19, non-residents acquired $354.5 million worth of Turkish equities and $202.8 million in government domestic debt securities (GDDS).
These inflows brought total foreign investment during the week to $557.3 million.
Non-residents’ equity holdings rose to $33.52 billion from $33.07 billion, while their GDDS holdings increased to $18.04 billion and non-government securities reached $648.2 million.
The total deposit base in Türkiye’s banking sector rose to ₺27.76 trillion ($647.89 billion) as of the week ending Dec.19, marking a weekly increase of ₺87.14 billion, or 0.3%, according to central bank data.
Foreign currency (FX) deposits in the banking system totaled $252.82 billion, of which $215.27 billion were held by domestic residents, up $479 million from the previous week.
Meanwhile, domestic residents’ total consumer loans declined by 0.4% week-over-week to ₺5.47 trillion.
Set as preferred source
1 min read
1 min read
