Central Bank of the Republic of Turkey gross foreign exchange reserves increased
The Central Bank's total reserves increased by over 4 billion dollars in the relevant week, exceeding 171 billion dollars.
According to the weekly money and bank statistics announced by the Central Bank of the Republic of Turkey, a significant increase was recorded in gross foreign exchange and total reserves in the week ending October 9.
Change in Gross Foreign Exchange Reserves
According to the weekly data announced by the Central Bank of the Republic of Turkey, gross foreign exchange reserves increased by 4 billion 241 million dollars during the week ending October 9.
Current Gross Foreign Exchange Level
Gross foreign exchange reserves, which were at the level of 60 billion 326 million dollars the previous week, reached 64 billion 567 million dollars with the recent increase.
Status of Gold Reserves
While foreign exchange reserves increased during the same week, gold reserves experienced a limited decrease of 54 million dollars.
Rise in Total Reserves
Despite the drop in gold reserves, total reserves increased by 4 billion 187 million dollars compared to the previous week, rising from 167 billion 388 million dollars to 171 billion 575 million dollars.