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.

Publication: 30.11.2023 - 15:57
Record $136.5 billion in Turkish Central Bank reserves
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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.