Business · Economy · 2 hrs ago
Turkey's central bank reserves fall to $169.1 billion
Turkey's central bank said its total reserves fell by $2.5 billion in the week to October 16, reaching $169.1 billion.
Reserves include foreign currency and gold held by the bank.
Gross foreign currency reserves dropped to $62.1 billion, while gold reserves edged down to $106.9 billion.
The decline followed a rise in total reserves to $171.6 billion in the previous week.
Net reserves fell by $6.2 billion to $51.5 billion, and net reserves excluding swaps fell by $4.9 billion to $39.3 billion.
Total reserves have fluctuated since reaching $218.2 billion in January 2026, and were $155.3 billion at the end of March.
The latest figures show the previous week's recovery did not last; no further action or forecast is given.
Turkey’s central bank’s total reserves fell by $2.478 billion to $169.097 billion in the week to October 16.
Gross foreign currency reserves decreased by $2.419 billion to $62.148 billion.
Gold reserves fell by $59 million to $106.949 billion.
Net reserves dropped by $6.2 billion to $51.5 billion, while net reserves excluding swaps fell by $4.9 billion to $39.3 billion.
The reported rebound in reserves during the week to October 9 did not last.
- Who
- Turkey’s central bank, the Central Bank of the Republic of Turkey.
- What
- Total reserves fell by $2.478 billion to $169.097 billion in the week to October 16.
- When
- The week ending October 16, 2026. The figures were reported on October 22.
- Where
- Turkey.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Total reserves rose to $171.575 billion.
Total reserves fell to $169.097 billion.
- Total reserves
- $169.097 billion in the week to October 16
- Weekly change in total reserves
- Down $2.478 billion
- Gross foreign currency reserves
- $62.148 billion, down $2.419 billion
- Gold reserves
- $106.949 billion, down $59 million
- Net reserves
- $51.5 billion, down $6.2 billion