Central Bank of the Republic of Turkey Reserves Increased in the Week of October 9

Serdar HocamAuthor & Editor

According to weekly data announced by the CBRT, the increase in gross foreign exchange reserves pushed total reserves upward.

◉ 1 views
Merkez Bankası rezervleri belli oldu!

According to the weekly money and bank statistics announced by the Central Bank of the Republic of Turkey, total reserves increased by 4 billion 187 million dollars in the week ending October 9, reaching 171 billion 575 million dollars.

Increase in Gross Foreign Exchange Reserves

According to data published by the Central Bank of the Republic of Turkey, gross foreign exchange reserves recorded a significant increase.

Gross foreign exchange reserves, which were 60 billion 326 million dollars the previous week, rose by 4 billion 241 million dollars to 64 billion 567 million dollars.

Decline in Gold Reserves

While foreign exchange reserves increased, a limited decrease was observed in gold reserves.

During the relevant period, gold reserves recorded a decrease of 54 million dollars, declining from 107 billion 62 million dollars to 107 billion 8 million dollars.

Status of Total Reserves

Following the changes in gold and foreign exchange items, the total reserve amount of the Central Bank became clear.

Total reserves increased by 4 billion 187 million dollars in the week of October 9 compared to the previous week, rising from 167 billion 388 million dollars to 171 billion 575 million dollars.