Turkey: Central Bank reserves in Sept. total $101.1B

By Tuba Sahin

ANKARA (AA) - The official reserves of the Central Bank of the Republic of Turkey (CBRT) totaled $101.1 billion in September.

The CBRT data showed on Friday that total reserve assets in September fell 0.4% from previous month.

Foreign currency reserves of the bank last month decreased 0.8% month-on-month to hit $73.8 billion in convertible foreign currencies.

The bank's gold reserves climbed 0.6% to $25.9 billion including gold deposits and, if appropriate, gold swapped.

On a yearly basis, the bank’s official reserves surged 19%. The figure was some $84.7 billion at the end of September 2018.