The 71st issue of the Weekly Economic Bulletin, prepared by the Economic Research Unit of the Department of Economics at Ibn Haldun University, has been released. This issue focuses on reserve developments, budget balance data, global debt indicators, and recent developments in international trade.
According to the highlights, data from the Central Bank of the Republic of Türkiye (CBRT) showed that gross reserves increased by $6 billion to $171.5 billion in the week of May 8. During the same period, net reserves rose by $1.3 billion to $55 billion, while net reserves excluding swaps increased by $2.9 billion to $39.2 billion.
In Türkiye, the budget deficit widened to ₺338.7 billion in April, while the primary deficit stood at ₺81.1 billion.
The U.S. Senate approved Kevin Warsh as the new Chair of the Federal Reserve. In Wednesday’s vote, Warsh was confirmed by 54 votes to 45.
In the United States, household debt increased by 0.1% in the first quarter of 2026, reaching $18.8 trillion.
The Euro Area economy grew by 0.1% quarter-on-quarter in the first quarter, while employment also increased by 0.1% during the same period.
In China, exports rose by 14.1% year-on-year to $359.4 billion, while imports increased by 25.3% to $274.6 billion. The country’s trade surplus reached $84.8 billion in April, with a notable 100% increase in chip exports.
On Friday, spot gold traded at around $4,553 per ounce, while gram gold was priced at approximately ₺6,653.
You can access the full version of the bulletin via the link below.
Published weekly, the Economic Bulletin serves as a news source for academics and students in economics and related disciplines.
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