Business · Economy · 15 hrs ago

Turkey's central bank reserves fall to $158.1 billion

Turkey's central bank reserves fall to $158.1 billion

The Central Bank of the Republic of Turkey reported lower reserves for the week ending October 30.

Its total reserves fell by $4.084 billion from the previous week to $158.107 billion.

The figures include foreign currency and gold reserves.

Foreign currency reserves dropped by $2.955 billion to $56.09 billion, while gold reserves fell by $1.129 billion to $102.017 billion.

These reserves are assets held by Turkey's central bank, and the weekly figures show how their total changed over time.

The central bank publishes weekly reserve statistics, but no further action or next step was stated.

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