Foreign currency posts monthly increase of 2.8%, gold reserves down by 1% in November
The Turkish Central Bank’s reserves amounted to $125.6 billion at the end of November, the bank announced on Tuesday.
Total reserve assets posted a monthly increase of 1.3%, according to the bank’s international reserves and foreign currency liquidity report.
Foreign currency reserves in convertible foreign currencies totaled $78.5 billion, up 2.8% on a monthly basis.
Last month, the bank’s gold reserves including gold deposits and, if appropriate, gold swapped dropped 1% from October to $39.3 billion.
The bank’s reserves stood at $82.7 billion at the end of November 2020.