Economy
Turkish Central Bank reserves exceed $104B in October
Foreign currency reserves amount to $76.5B, gold reserves at $26.6B, official data show
Gokhan Ergocun |
28.11.2019 - Update : 28.11.2019
ISTANBUL
The Turkish Central Bank on Thursday announced its official reserves amounted to $104.6 billion as of the end of October.
Total reserve assets jumped to 3.4% in October, versus the end of September, the bank's international reserves and foreign currency liquidity report showed.
Foreign currency reserves -- in convertible foreign currencies -- totaled some $76.5 billion, up 3.8% compared to the previous month.
In October, the bank's gold reserves -- including gold deposits and, if appropriate, gold swapped -- also rose 2.7% monthly to $26.6 billion.
In mid-December 2013, its total reserves hit their all-time peak at nearly $136 billion, including some $21 billion in gold reserves.
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