Turkish Central Bank reserves rise to all-time high of $140.1B
- Economy
- Anadolu Agency
- Published Date: 03:36 | 07 December 2023
- Modified Date: 03:37 | 07 December 2023
Türkiye's Central Bank on Thursday announced record-high gross reserves of $140.1 billion as of the end of last week.
According to the bank's weekly figures, gross reserves surged $3.65 billion on a weekly basis as of Dec. 1.
Foreign currency reserves amounted to $93.23 billion after an increase of $2.24 billion over the same period, while gold reserves totaled $46.92 billion, up $1.4 billion.
This was also the 16th weekly increase in a row in gross reserves, which is the longest period of increase since 1987, when data collection began.
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