Foreign exchange reserves
Turkish gov’t bonds gaining in appeal: BNP
Turkish government bonds are becoming more attractive following the Central Bank's monetary policy adjustment in recent months, BNP Paribas has said in a recent report.
Policy rates and local deposit rates have already adjusted sufficiently to provide positive ex-ante real rates versus inflation expectations, it said.
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NBS gross FX reserves reach record-high 24.388 bln euros at end-October
BELGRADE - Increasing by 206.2 mln euros in October, gross National Bank of Serbia (NBS) FX reserves reached 24,388.7 mln euros at end-October, their highest end-of-month level since records began in 2000.
End-September NBS gross FX reserves at 24.182 bln euros
BELGRADE - National Bank of Serbia (NBS) FX reserves totalled 24.182 bln euros at end-September, reaching their highest end-of-month level since records began in 2000, the central bank says.
In September, gross FX reserves rose by 558.8 mln euros compared to the previous month.
End-August NBS gross FX reserves at 23.6 bln euros
BELGRADE - National Bank of Serbia (NBS) FX reserves totalled 23,623.7 mln euros at end-August, reaching their highest end-of-month level since records began in 2000, the central bank said on Tuesday.
In August, gross FX reserves rose by 489.5 mln euros compared to the previous month.
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Türkiye to continue to build up reserves: Şimşek
Türkiye will continue to accumulate foreign exchange reserves as long as market conditions allow, Treasury and Finance Minister Mehmet Şimşek has said.
The minister noted that the gross reserves climbed to $115 billion in the week ending Aug. 4 from $98.5 billion as of the end of May, citing the data from the country's Central Bank.
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NBS gross FX reserves hit record-high 22.585 bln euros at end-June
BELGRADE - National Bank of Serbia (NBS) gross FX reserves reached 22.585 bln euros at end-June, their highest end-of-month level since records began in 2000.
The reserves were up by 496.8 mln euros m-o-m, the NBS said in a statement.
Increase in net reserves encouraging, says Şimşek
The Turkish Central Bank's international reserves rose from $98.5 billion on May 26 to $108.6 billion on June 30, while the net reserves improved by $14.2 billion over the same period, Treasury and Finance Minister Mehmet Şimşek said on July 11.
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NBS gross FX reserves hit record-high 22.08 bln euros at end-May
BELGRADE - Increasing by 531.4 mln euros from the previous month, National Bank of Serbia (NBS) gross FX reserves reached 22.088 bln euros at end-May, their highest end-of-month level since records began in 2000.
Some $3 bln invested in gold in Türkiye in first quarter
An unprecedented 58 billion Turkish Liras ($3bn) was invested in gold in the first quarter of 2023 in Türkiye, according to the World Gold Council (WGC).
Bar and coin investment in Türkiye reached phenomenal levels in the first quarter, breaching 50 tons for the first time on record, said the council's latest edition of the Gold Demand Trends report.
Argentina to pay for Chinese imports in yuan
Argentina will pay for Chinese imports in yuan instead of U.S. dollars in order to preserve its dwindling foreign reserves, Economy Minister Sergio Massa has said.
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