Official data put CBRT net reserves excluding swaps at 37.9 billion dollars

Dünya reported on 8 October that gross foreign currency reserves fell 1.237 billion dollars to 60.326 billion dollars, and gold reserves fell 2.578 billion dollars to 107.062 billion dollars. Net reserves, by contrast, rose 410 million dollars to 53.8 billion dollars. Net reserves excluding swaps strip out currency swaps with banks and show the central bank's true foreign currency buffer. That measure fell from 39.9 billion dollars to 37.9 billion dollars in a week. The official figure came in 200 million dollars above Matriks's calculation of 167.2 billion dollars on 5 October.

The international reserves template cited by Borsa Gündem shows liabilities coming due. Predetermined public sector foreign currency liabilities, meaning payments with a fixed schedule, rose 4.1% to 55.9 billion dollars. Total near-term foreign currency liabilities rose 1.2% to 123.7 billion dollars. The net foreign currency liability arising from CBRT swaps stands at 19.3 billion dollars. This template lists foreign currency reserve assets at 52.7 billion dollars. Dünya's gross figure of 60.326 billion dollars rests on a different definition, and the sources do not explain the gap.

A Cumhuriyet report on 8 October confirms the same gross, net and ex-swap figures. The sources do not break down how much of the 2.578 billion dollar fall in gold came from prices and how much from sales. Securities data released the same day show foreigners sold 484.7 million dollars of government domestic debt securities during the week.