Turkish Central Bank's Reserves Soar

2026-02-07 02:55:59

(MENAFN) The Turkish Central Bank's official international reserves achieved a fresh record level of $218.2 billion as of Jan. 30, according to official statistics released on Thursday.

The overall reserves increased by 1.2%, or $2.54 billion, from the preceding week's $215.6 billion, the bank reported.

Reserves held in foreign currencies – in convertible foreign money – declined by 2.4% to $76.6 billion compared with the prior week.

Meanwhile, the bank's gold reserves – comprising gold deposits and gold-swapped assets – rose 3.4% to reach $133.8 billion during the same interval.

Additionally, the total IMF reserve position and special drawing rights experienced a modest 0.2% increase, reaching $7.8 billion.

This development represents the third occasion that the Turkish Central Bank's reserves have reached a new record since mid-January. On Jan. 16, the bank's reserves surpassed the $200 billion threshold for the first time.

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