Türkiye’s Central Bank Reserves Hit All-Time High at $174.36 Billion

The Central Bank of the Republic of Türkiye (CBRT) reported a strong rebound in its foreign exchange reserves for the week ending August 8, marking a significant milestone in the country’s financial stability indicators.

Weekly CBRT data showed that foreign currency reserves rose by $2.698 billion, climbing from $84.909 billion to $87.607 billion. Gold reserves also posted gains, increasing from $84.079 billion to $86.758 billion.

As a result, Türkiye’s total reserves reached a record-breaking $174.365 billion, up from $168.988 billion the previous week. Meanwhile, net international reserves rose by $4.372 billion, reaching $67.571 billion from $63.199 billion.

Official Reserve Assets advanced by 3.2% week-on-week to $174.4 billion. Within this, foreign currency assets surged by 3.4% to $79.9 billion, while gold reserves increased by 3.2% to $86.8 billion. IMF reserve position and SDR holdings recorded a modest 0.8% rise to $7.7 billion.

On the liabilities side, short-term foreign currency obligations of the public sector, including the Central Bank and central government, declined by 0.3% to $114.6 billion. Pre-determined FX liabilities fell by 1.9% to $55.1 billion, while contingent liabilities rose by 1.3% to $59.5 billion.

As of this week, the CBRT’s total foreign exchange swap-related liabilities stood at $19.6 billion. Analysts note that the rise in reserves is a positive signal for Türkiye’s external financing capacity, potentially strengthening investor confidence.