Business · Economy · 15 hrs ago

Turkey’s central bank reserves rise by $4.2 billion

Turkey’s central bank reserves rise by $4.2 billion

Turkey’s central bank said its total reserves rose to $171.575 billion in the week ending Oct.

9.

That was an increase of $4.187 billion from the previous week, when reserves stood at $167.388 billion.

The rise came as gross foreign currency reserves increased by $4.241 billion to $64.567 billion.

Gold reserves edged down by $54 million to $107.008 billion.

Central bank reserves include foreign currency and gold holdings.

The figures show that the reported weekly increase came from foreign currency reserves, while gold holdings fell slightly.

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