Turkish Central Bank
Central Bank reserves stand at $105.8 bln in July
The Turkish Central Bank's total reserves stood at $105.8 billion as of July 31, the bank announced on Aug. 27.
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Official reserve assets jumped 8.3% compared to $97.7 billion as of end-June, according to the bank's international reserves and foreign currency liquidity report.
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Turkish Central Bank reserves to surpass $115 bln: Erdoğan
Turkish Central Bank's reserves will surpass $115 billion when pending transactions are completed, Turkey's president said on Aug. 24.
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The bank's official reserves so far stand at $109 billion, Recep Tayyip Erdoğan said at the meeting of AKP provincial heads in the capital Ankara.
Turkey's net int'l investment position improves in June
Turkey's net international investment position (NIIP) showed a recovery this June, falling 25% compared to end-2020, the Turkish Central Bank said on Aug. 19.
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The country's external assets climbed 7.4% to $274.4 billion while its liabilities against non-residents slipped 12.4% to $555 billion in the same period.
Current account deficit continues to narrow for 4th straight month
Turkey's current account balance posted a deficit of $1.127 billion in June, down $1.95 billion from the same month last year, the Turkish Central Bank announced on Aug. 13.
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With June figures, the current account deficit continued to narrow for the fourth month in a row.
Turkish, South Korean central banks sign swap agreement
The Turkish and South Korean central banks have signed a bilateral swap agreement allowing for the exchanging of local currencies of up to 2.3 trillion Korean won or 17.5 billion Turkish liras (around $2 billion), said an official announcement.
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New printings of Turkish lira banknotes set for release
Newly printed 200 Turkish lira and 10 Turkish lira banknotes will go into circulation on July 16, ahead of next week's Muslim holiday of Eid al-Adha, or the Feast of the Sacrifice, said an official announcement.
Annual inflation rate at 17.53 pct in June
Turkey posted a 17.53 percent annual hike in consumer prices in June, the country's statistical authority said on July 5.
Annual inflation rose 0.94 percentage points last month, up from 16.59 percent in May, according to the Turkish Statistical Institute (TÜİK).
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Turkey's external assets at $249.9 bln in April
Turkey's external assets amounted to $249.9 billion at April-end, down 4.4 percent from 2020, the Turkish Central Bank announced on June 21.
The country's liabilities against non-residents during the same period fell 9.1 percent to $593.5 billion.
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Central banks of Turkey, China expand swap agreement
The Turkish Central Bank (CBRT) and People's Bank of China (PBOC) expanded their swap agreement, which was signed in May 2019, by 35.1 billion Turkish liras ($4.12 billion) and 23 billion Chinese yuan ($3.59 billion).
Turkey on positive track of fiscal discipline: Minister
Turkey's January-May primary balance shows that the nation resolutely maintained its fiscal discipline policies, the treasury and finance minister said on June 15.
The current account deficit data released on Monday indicates that we are on the path to recovery, Lütfi Elvan said in a tweet.