The Central Bank of the Republic of Turkey (CBRT) has announced its latest weekly reserves, revealing a new record high of $167.56 billion, an increase of $4.26 billion from the previous week.
Breakdown of CBRT Reserves:
- Total Reserves: Increased from $163.3 billion to $167.56 billion, marking an all-time high.
- Gold Reserves: Rose from $66.51 billion to $68.23 billion.
- Foreign Exchange Reserves: Climbed from $96.79 billion to $99.33 billion.
The significant rise in reserves highlights the CBRT’s efforts to bolster financial stability, amid ongoing economic policy adjustments and fluctuations in exchange rates.
Source: bigpara.hurriyet.com.tr
Translation: Cem Cetinguc