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Central Bank of the Republic of Turkiye’s reserves has been increased to $108.6 billion

The total reserves of the Central Bank of the Republic of Turkiye increased by $7 billion 374 million in the week of August 5 compared to the previous week and reached $108 billion 637 million.

Weekly Money and Bank Statistics have been published by the Central Bank of the Republic of Turkiye (CBRT).

Accordingly, as of August 5, the gross foreign exchange reserves of the Central Bank increased by $6 billion 668 million to $67 billion 769 million. Gross foreign exchange reserves were at the level of $61 billion 101 million on 29 July.

In the said period, gold reserves increased by $705 million from $40 billion 163 million to $40 billion 868 million.

Thus, the Central Bank’s total reserves increased from $101 billion 263 million to $108 billion 637 million in the week of August 5, with an increase of $7 billion 374 million compared to the previous week.

Source: Trthaber / Translated by Irem Yildiz

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