the consequences of the Iran war; Turkey's foreign exchange reserves hit their lowest level in the last seven months Following the economic consequences of the Iran war, the net foreign exchange reserves of the Central Bank of Turkey reached their lowest level since March 27 with a decrease of more than eight billion dollars. According to Reuters, official statistics released on Friday show that Turkey's net foreign exchange reserves fell from $51.51 billion to $42.87 billion in the week ended Oct. 23. Knowledgeable sources examined the decrease in reserves as a result of the sale of currency and the outflow of capital following the Iran war and the financing crisis. The Central Bank of Turkey's gross reserves also fell from $62.15 billion to $59.40 billion during the same period.

the consequences of the Iran war; Turkey's foreign exchange reserves hit their lowest level in the last seven months Following the economic consequences of the Iran war, the net foreign exchange reserves of the Central Bank of Turkey reached their lowest level since March 27 with a decrease of more than eight billion dollars. According to Reuters, official statistics released on Friday show that Turkey's net foreign exchange reserves fell from $51.51 billion to $42.87 billion in the week ended Oct. 23. Knowledgeable sources examined the decrease in reserves as a result of the sale of currency and the outflow of capital following the Iran war and the financing crisis. The Central Bank of Turkey's gross reserves also fell from $62.15 billion to $59.40 billion during the same period.