Türkiye’s international reserves hit all-time high of $215.6B

As of Jan. 23, international reserves up 5.1% compared to previous week, gold reserves climb 6.9%

By Mucahithan Avcioglu

ISTANBUL (AA) - The Turkish Central Bank's official international reserves reached a new record high of $215.6 billion as of Jan. 23, according to official figures released on Thursday.

The total reserves climbed 5.1%, or $10.44 billion, from the previous week's $205.18 billion, the bank said.

Foreign currency reserves – in convertible foreign currencies – were up 2.7% to $78.5 billion compared to the previous week.

The bank's gold reserves – including gold deposits and gold-swapped – climbed 6.9% to $129.4 billion in the same period.

The total IMF reserve position and special drawing rights also rose 0.2% to reach $7.7 billion.

The Turkish Central Bank's reserves hit a new record high for the second time in a row. In the previous week, the bank's reserves exceeded the $200 billion mark for the first time.

Kaynak:

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