Turkish Central Bank International Reserves Climb to USD180.1B
(MENAFN) The Turkish Central Bank reported Thursday that its total international reserves have climbed to a historic peak of $180.1 billion as of September 5, marking a 1% increase—or $1.75 billion—from the previous week.
While the overall figure reached record levels, the composition of the reserves saw mixed movements. Foreign currency assets, held in convertible currencies, declined by 2.2%, settling at $81.4 billion compared to the prior week.
In contrast, gold holdings experienced a notable rise. The bank’s gold reserves—which encompass both gold deposits and, where applicable, gold swaps—jumped 4.1% to reach $90.9 billion.
Other reserve components showed marginal changes. The total value of the IMF reserve position and special drawing rights slipped by 0.1%, coming in at $7.7 billion.
These figures were disclosed in the bank's weekly statistical bulletin.
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