Turkish Central Bank Reserves Soar to Unprecedented USD174.4B
(MENAFN) Türkiye’s Central Bank announced on Thursday that its official international reserves reached a historic peak of $174.4 billion as of August 8.
This marks a 3.2% increase, or $5.38 billion, from the previous week's $168.99 billion, according to figures released by the bank.
Foreign currency reserves, held in convertible currencies, rose 3.4% to $79.9 billion compared to the prior week.
Meanwhile, the bank’s gold reserves—including gold deposits and, where applicable, gold swaps—also climbed 3.2%, reaching $86.8 billion during the same period.
Additionally, the combined total of the IMF reserve position and special drawing rights saw a modest rise of 0.8%, bringing the figure to $7.7 billion as of August 8.
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