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Turkey’s central bank reserves fell for a third consecutive week, reaching $158.1 billion in the week ending October 30, down $4.08 billion from the prior week. Gross foreign-exchange reserves declined to $56.09 billion, while net international reserves fell to about $38 billion; the Turkish lira weakened slightly against the dollar over the week.
Falling reserves can reduce the central bank’s capacity to support the lira and heighten depreciation concerns. That raises upside risk for USD/TRY.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.