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Central bank reserves increased in the week ending July 19

Broadcast United News Desk
Central bank reserves increased in the week ending July 19

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The CBRT publishes weekly monetary and banking statistics.

Total reserves at the CBRT were $153.8 billion last week and $153.9 billion the previous week.

The center’s net reserves increased to $48.2 billion from $47.7 billion.

CBRT net reserves excluding swaps were $22.2 billion last week and $22.9 billion the previous week.

Gold reserves decline

During this period, gold reserves fell by $237 million, from $59.4 billion to $59.2 billion.

Accordingly, as of July 19, the central bank’s total foreign exchange reserves increased by US$350 million to US$94.7 billion.

As a result, total reserves at the central bank increased by $114 million in the week ending July 19 from the previous week, from $153.7 billion to $153.9 billion.

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