Central Bank Weekly Reserve Data Announced
Total reserves of the Central Bank of the Republic of Turkey recorded a significant increase in the week ending October 9 compared to the previous week.
Total reserves of the Central Bank of the Republic of Turkey increased by 4 billion 187 million dollars in the week of October 9, reaching 171 billion 575 million dollars.
Increase in Total Reserves
According to the weekly monetary and banking statistics announced by the Central Bank of the Republic of Turkey, total reserves showed an increase.
Total reserves, which were 167 billion 388 million dollars the previous week, rose to 171 billion 575 million dollars in the week of October 9.
Gross Foreign Exchange and Gold Reserves
Gross foreign exchange reserves increased by 4 billion 241 million dollars from 60 billion 326 million dollars on October 2 to 64 billion 567 million dollars.
During the same period, gold reserves decreased by 54 million dollars, dropping from 107 billion 62 million dollars to 107 billion 8 million dollars.