NEWS CENTER - The net reserve level of the Central Bank (MB), which reached the peak of its borrowing history, dropped to minus $68.4 billion, excluding swaps.

 

The Central Bank is experiencing the peak of its borrowing history with the rise in exchange rates . According to Bloomberg, the Central Bank intervened in the market by selling $177 billion from December 2021 to April 2023. In the last month, the market intervened with 49 billion dollars of foreign exchange sales.

 

Drawing attention to the meltdown at the Central Bank, Bloomberg economist Selva Baziki wrote that the bank's net reserves, excluding swaps, fell to minus $68.4 billion.