CBRT reserves increase by $19.1 billion in three weeks

The recovery in the foreign exchange reserves of the Central Bank of the Republic of Turkey (CBRT) continues unabated. According to data released by the CBRT, reserves increased by $3.552 billion between April 10 and 17, reaching $174.467 billion. This increase indicates a total improvement of $19.1 billion over the last three weeks. The strong rise in the central bank's reserves has been positively received in the markets and is expected to have a stabilizing effect on exchange rates. The expansion of the CBRT's available tools, particularly against the recent increase in foreign exchange demand, is considered an important indicator for financial stability. Experts note that if the reserve increase continues, pressure on the Turkish lira may decrease, creating more room for the fight against inflation. However, it is also emphasized that global economic conditions and geopolitical risks could affect the trajectory of reserves. This is not investment advice.