Central Bank's Foreign Exchange Reserves Down

ANKARA - Turkish Central Bank said Thursday its foreign exchange reserves dropped to 73.5 billion USD on March 21st.
The reserves were 76.5 billion USD on March 14th.
In its weekly bulletin, the Central Bank indicated its total gross reserves (foreign currency plus gold) rose to 123.6 billion USD on March 14th. Of that, 43.9 billion USD was from privately owned companies, including commercial banks while the Central Bank held the rest.
On the other hand, Turkey repaid 2.1 billion USD of foreign debt between March 3rd and 26th.
Turkey paid back 19.3 billion USD of foreign debt in 2007.
(BRC-ULG)