Central Bank reserves started to rise: an increase of more than 4 billion dollars

Total reserves of the Central Bank of the Republic of Turkey (CBRT) increased by 4 billion 187 million dollars in the week of October 9 compared to the previous week, reaching 171 billion 575 million dollars.

CBRT announced weekly money and bank statistics. Accordingly, as of October 9, the Central Bank's gross foreign exchange reserves increased by 4 billion 241 million dollars and reached 64 billion 567 million dollars. Gross foreign exchange reserves were at the level of 60 billion 326 million dollars on October 2.

During this period, gold reserves decreased by 54 million dollars, from 107 billion 62 million dollars to 107 billion 8 million dollars.

Thus, the total reserves of the Central Bank increased from 167 billion 388 million dollars to 171 billion 575 million dollars in the week of October 9, an increase of 4 billion 187 million dollars compared to the previous week.

CBRT reserves as of January 2024 (million dollars):