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News Clips | April 25, 2023

Turkey cenbank gross reserves seen down $5 bln last week -bankers

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Mixed currency Euros and Turkish Lira on a wooden background by @ibrahimboran on UnsplashSaudi deposit lifts Turkey’s net FX reserves to $25 bln -bankers Mixed currency Euros and Turkish Lira on a wooden background by @ibrahimboran on UnsplashTurkey’s current account deficit seen at $8.5 bln in Feb; $45 bln in 2023 Mixed currency Euros and Turkish Lira on a wooden background by @ibrahimboran on UnsplashTurkey’s cenbank urges banks to avoid creating forex demand, bankers say Turkish penants hanging above by @enginakyurt on PexelsTurkey’s current account deficit at $10 bln in January; $43.5 bln in 2023 Pile of Turkish Lira and US DollarsTurkey’s cenbank to stand pat after fulfilling Erdogan’s call for single digits
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