Meltdown in the Central Bank's reserves continues

Meltdown in the Central Banks reserves continues
Date: 26.5.2023 12:00

The net reserve of the Central Bank is “Minus” 0.2 billion dollars!

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According to the data, in the week of May 19, gross reserves fell by $3.5 billion to $101.6 billion.
 
Reserves melted $12.5 billion in two weeks and $25 billion in two months.
 
Net reserves fell to the lowest level in history.
 
In the week of May 19, the Central Bank's net reserves, including swaps, decreased to minus 0.2 billion dollars.
 
Thus, net reserves turned negative for the first time in 21 years.

YEREL HABERLER

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