Tuesday, 02 January 2024 12:17 GMT

Turkish International Reserves Reach All-Time High of USD186.2B


(MENAFN) Türkiye’s Central Bank reported its official international reserves hit a historic peak of $186.2 billion as of October 3, according to data released Thursday.

This marks a 1.8% increase, or $3.2 billion growth, from the prior week’s $183 billion, the bank confirmed.

Convertible foreign currency reserves edged up by 0.4%, reaching $79.3 billion compared to the previous week.

Meanwhile, gold reserves—including deposits and gold-swapped assets—jumped 3%, totaling $99.2 billion during the same timeframe.

The bank also noted a slight rise of 0.1% in the total IMF reserve position and special drawing rights, bringing the figure to $7.8 billion.

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