Record $136.5 billion in Turkish Central Bank reserves
Turkey's Central Bank announced a record high in gross reserves, totaling $136.49 billion as of last week's end.
![Record $136.5 billion in Turkish Central Bank reserves](/Archive/2023/11/30/155726658-thumbsbc6952a3c3118cbe8cd6ec365c966e0bd9.jpg)
The bank's latest weekly data, as of November 24, shows a $2.02 billion increase in gross reserves.
Foreign currency reserves rose by $1.77 billion to $90.99 billion, while gold reserves increased by $225 million to $45.24 billion. Since May, the total gross reserves have surged by $38.35 billion, a 38.6% jump.
This marks the 15th consecutive weekly rise in gross reserves, reaching the highest level since 1987 when record-keeping began.
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