{"id":41549,"date":"2023-10-09T12:59:59","date_gmt":"2023-10-09T09:59:59","guid":{"rendered":"https:\/\/f-chain.com\/?p=5157"},"modified":"2023-10-09T12:59:59","modified_gmt":"2023-10-09T09:59:59","slug":"turkish-central-bank-reserves-extend-15-week-growth-streak-surpassing-125-billion-az","status":"publish","type":"post","link":"https:\/\/az.f-chain.com\/az\/turkish-central-bank-reserves-extend-15-week-growth-streak-surpassing-125-billion-az\/","title":{"rendered":"Turkish Central Bank Reserves Extend 15-Week Growth Streak, Surpassing $125 Billion"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column width=&#8221;2\/3&#8243;][vc_column_text]<\/p>\n<p>The Central Bank of the Republic of T\u00fcrkiye (CBRT) has achieved a remarkable 15-week streak of uninterrupted growth in its reserves, according to reports by Anadolu Agency (AA). As of the week ending September 22, the CBRT&#8217;s total reserves exceeded $125 billion, marking an impressive increase of approximately $4 billion compared to the previous week, as per the bank&#8217;s weekly statistics.<\/p>\n<p>Notably, the CBRT&#8217;s gross foreign exchange reserves experienced a substantial uptick during this period, surging by $3.75 billion to reach a total of $83.81 billion. Simultaneously, the bank&#8217;s gold reserves also witnessed a significant rise, increasing by $237 million, from $41.455 billion to $41.692 billion.<\/p>\n<p>The overall reserves of the CBRT, standing at $121.5 billion in the prior week, soared to $125.5 billion by the week ending September 22. This represents a notable increase of $3.988 billion within a single week.<\/p>\n<p>This impressive growth in reserves is particularly noteworthy, considering that they were at $98.5 billion at the end of May. The CBRT&#8217;s diligent efforts have led to a strong recovery of approximately $27 billion in reserves by September 22.<\/p>\n<p>The 15-week streak of increasing reserves demonstrates the CBRT&#8217;s commitment to bolstering financial stability. Under the leadership of its first-ever female Governor, Hafize Gaye Erkan, the bank has adopted more conventional economic policies following the May presidential and legislative elections.<\/p>\n<p>Governor Erkan has overseen a series of rate hikes, raising the benchmark one-week repo rate by 2,150 basis points to 30% over the past four months. The bank has pledged to continue this gradual tightening approach to ensure a downward trajectory in disinflation, expected to occur in 2024.[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;5159&#8243; img_size=&#8221;full&#8221;][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column width=&#8221;2\/3&#8243;][vc_column_text] The Central Bank of the Republic of T\u00fcrkiye (CBRT) has achieved a remarkable 15-week streak of uninterrupted growth in its reserves, according to reports by Anadolu Agency (AA). As of the week ending September 22, the CBRT&#8217;s total reserves exceeded $125 billion, marking an impressive increase of approximately $4 billion compared to the<\/p>\n","protected":false},"author":1,"featured_media":46680,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20,21],"tags":[],"class_list":["post-41549","post","type-post","status-publish","format-standard","hentry","category-feautured-post-ru","category-news-ribbon-ru"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Turkish Central Bank Reserves Extend 15-Week Growth Streak, Surpassing $125 Billion - FChain<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/az.f-chain.com\/\" \/>\n<meta property=\"og:locale\" content=\"az_AZ\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Turkish Central Bank Reserves Extend 15-Week Growth Streak, Surpassing $125 Billion - FChain\" \/>\n<meta property=\"og:description\" content=\"[vc_row][vc_column width=&#8221;2\/3&#8243;][vc_column_text] The Central Bank of the Republic of T\u00fcrkiye (CBRT) has achieved a remarkable 15-week streak of uninterrupted growth in its reserves, according to reports by Anadolu Agency (AA). As of the week ending September 22, the CBRT&#8217;s total reserves exceeded $125 billion, marking an impressive increase of approximately $4 billion compared to the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/az.f-chain.com\/\" \/>\n<meta property=\"og:site_name\" content=\"FChain\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-09T09:59:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/az.f-chain.com\/wp-content\/uploads\/2023\/10\/FCHAIN-TR-1024x576.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"sdenisenko\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/\"},\"author\":{\"name\":\"sdenisenko\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#\\\/schema\\\/person\\\/8d4dfc39f27e9845e4646d167bb4d61d\"},\"headline\":\"Turkish Central Bank Reserves Extend 15-Week Growth Streak, Surpassing $125 Billion\",\"datePublished\":\"2023-10-09T09:59:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/\"},\"wordCount\":295,\"image\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/az.f-chain.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/FCHAIN-TR-scaled.png\",\"articleSection\":[\"Feautured post\",\"News ribbon\"],\"inLanguage\":\"az\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/\",\"url\":\"https:\\\/\\\/az.f-chain.com\\\/\",\"name\":\"Turkish Central Bank Reserves Extend 15-Week Growth Streak, Surpassing $125 Billion - FChain\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/az.f-chain.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/FCHAIN-TR-scaled.png\",\"datePublished\":\"2023-10-09T09:59:59+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#\\\/schema\\\/person\\\/8d4dfc39f27e9845e4646d167bb4d61d\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#breadcrumb\"},\"inLanguage\":\"az\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/az.f-chain.com\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"az\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#primaryimage\",\"url\":\"https:\\\/\\\/az.f-chain.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/FCHAIN-TR-scaled.png\",\"contentUrl\":\"https:\\\/\\\/az.f-chain.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/FCHAIN-TR-scaled.png\",\"width\":2560,\"height\":1440},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/az.f-chain.com\\\/az\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Turkish Central Bank Reserves Extend 15-Week Growth Streak, Surpassing $125 Billion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#website\",\"url\":\"https:\\\/\\\/az.f-chain.com\\\/\",\"name\":\"FChain\",\"description\":\"Azerbaijan\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/az.f-chain.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"az\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/az.f-chain.com\\\/#\\\/schema\\\/person\\\/8d4dfc39f27e9845e4646d167bb4d61d\",\"name\":\"sdenisenko\",\"sameAs\":[\"https:\\\/\\\/newaz.f-chain.com\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Turkish Central Bank Reserves Extend 15-Week Growth Streak, Surpassing $125 Billion - FChain","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/az.f-chain.com\/","og_locale":"az_AZ","og_type":"article","og_title":"Turkish Central Bank Reserves Extend 15-Week Growth Streak, Surpassing $125 Billion - FChain","og_description":"[vc_row][vc_column width=&#8221;2\/3&#8243;][vc_column_text] The Central Bank of the Republic of T\u00fcrkiye (CBRT) has achieved a remarkable 15-week streak of uninterrupted growth in its reserves, according to reports by Anadolu Agency (AA). 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