Central bank reserves continue to decline sharply

by CBT Weekly Money and Bank Statistics published.

Accordingly, as of August 26, the gross foreign exchange reserves of the Central Bank decreased by 665 million dollars to 70 billion 823 million dollars. Gross foreign exchange reserves were at the level of 71 billion 488 million dollars on 19 August.

In the said period, gold reserves increased by 62 million dollars from 40 billion 762 million dollars to 40 billion 824 million dollars.

Thus, the Central Bank’s total reserves decreased from 112 billion 250 million dollars to 111 billion 647 million dollars in the week of August 26, with a decrease of 603 million dollars compared to the previous week.

The CBRT reserves are as follows (million dollars):

History Gold Reserves Gross Foreign Exchange Reserves Total Reserves
28.01.2022 38,577 71.636 110.214
25.02.2022 42,944 70,200 113,144
25.03.2022 42,399 65,638 108,037
29.04.2022 41,467 65,398 106,865
27.05.2022 41.611 61,285 102,897
24.06.2022 41,594 60,342 101,936
29.07.2022 40,163 61.101 101,263
05.08.2022 40,868 67,769 108,637
12.08.2022 41,177 72,560 113,738
19.08.2022 40,762 71,488 112,250
26.08.2022 40,824 70,823 111,647

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