Gauge of Turkey reserves turns positive after 4-year spell
ISTANBUL, June 3 (Reuters) -The Turkish central bank's net reserves excluding swaps rose to $1.5 billion last week, marking the first positive reading in four years, bankers said on Monday.
Since March 31 local elections, net reserves excluding swaps have risen by $67 billion, the bankers also said.
Official data last week showed that the central bank's net international reserves rose some $6.5 billion to $40.35 billion in the week to May 24, their highest level this.
According to bankers calculations, net reserves rose another $5 billion last week to stand at $45.5 billion.
Reporting by Nevzat Devranoglu; Editing by Jonathan Spicer
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