Central Bank Reserves Reach an All-Time High of Approximately $146.3 Billion

The total reserves of the Central Bank of the Republic of Turkey (CBRT) increased by $149 million in the week of June 14 compared to the previous week, reaching an all-time high of $146.301 billion.

According to the data, as of June 14, the CBRT’s gross foreign exchange reserves increased by $2.077 billion to $88.433 billion. Gross foreign exchange reserves were at $86.356 billion on June 7.

During this period, gold reserves decreased by $1.928 billion, falling from $59.796 billion to $57.868 billion.

Thus, the CBRT’s total reserves increased by $149 million in the week of June 14 compared to the previous week, rising from $146.152 billion to $146.301 billion.

The CBRT reserves since January 2023 are as follows (in million dollars):

source: aa.com.tr/ prepared by Melisa Beğiç