FX.co ★ Turkey’s Gross FX Reserves Drop to $56.6B, Marking Notable Weekly Decline

Turkey’s gross foreign exchange reserves have fallen to $56.60 billion, down from a previous level of $60.95 billion, according to the latest data updated on 7 May 2026. The figures highlight a notable decline in the country’s hard-currency buffer over the most recent period.

The drop of more than $4 billion in gross FX reserves may draw attention from investors and analysts who closely monitor Turkey’s external liquidity and its capacity to manage currency market pressures. While no additional details were provided on the drivers of the move, the change in reserves will likely feed into broader market discussions around capital flows, external financing needs and the resilience of Turkey’s financial system.

Market participants will now be watching upcoming data releases and official commentary for further insight into the factors behind the reserve decline and its potential implications for monetary and exchange rate dynamics in Turkey.