Turkish Central Bank reserves reach record high
Gross reserves reaches all-time high of $146.3B as of June 14
By Tuba Ongun
The gross reserves of the Turkish Central Bank hit a record high of $146.3 billion as of June 14, according to weekly figures released on Wednesday.
The official reserve assets increased from $146.2 billion from the prior week, the bank's international reserves and foreign currency liquidity report showed.
Foreign currency reserves – in convertible foreign currencies – rose to $88.43 as of last Friday from $86.4 billion as of the end of the previous week.
The bank's gold reserves – including gold deposits and, if appropriate, gold-swapped – on June 14 amounted to $57.87 billion, which fell from $59.8 billion on June 7.
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