The Central Bank announced! The agreement was finalized

The Central Bank announced that “the warehouse purchase transaction worth USD 5 billion carried out with the Saudi Fund for Development in 2023 has been finalized by mutual consent.”

The Central Bank’s statement is as follows:

The Central Bank of the Republic of Turkey is reviewing its international deposit purchase transactions in order to reduce its external liabilities within the scope of reserve management.

In this context, the warehouse purchase transaction worth USD 5 billion carried out with the Saudi Fund for Development in 2023 was finalized by mutual consent.

Recently, an improvement of approximately USD 7 billion has been achieved in our external liabilities through the reduction of warehouse balances.

It is presented to the public.