Turkiye

Turkiye’s international reserves up by $4.7 Billion to $139.1 Billion last week

Reserves see highest level since January

The total international reserves of the Turkish Central Bank increased by $4.7 billion to $139.12 billion last week, on a weekly basis, the highest since January.

Foreign exchange reserves went up by $4.35 billion to $78.55 billion, while gold reserves rose by $377 million to $60.6 billion over the same period,the bank said on Thursday.

During the last seven months, the increase in reserves exceeded $50 billion.

Reserves were at $141 billion at the end of last year, and $98.5 billion in May 2023.

Source: aa

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