Turkey Central Bank Reserves: $187.4B with Gold Surge
Turkey's Central Bank Reserves Rise to $187.4 Billion
💰 Central Bank of Turkey's reserves increase
Total reserves of the Central Bank of the Republic of Turkey (CBRT) rose by $2.385 billion in the week ending November 14, reaching $187.432 billion.
📊 Reserve Composition Details
- Foreign currency reserves decreased by $1.941 billion , from $81.985 billion to $80.043 billion.
- Gold reserves increased by $4.327 billion , from $103.061 billion to $107.389 billion.
✔️ Summary:
The growth in gold reserves fully offset the decline in foreign currency assets, resulting in a total CBRT reserve increase of over $2.3 billion for the week.
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