Turkish Central Bank's international reserves total $155.2B in December

By Tuba Ongun

The Turkish Central Bank's official reserves totaled $155.2 billion as of the end of December, according to official data released Thursday.

The reserve assets of the bank fell from $157.7 billion the prior month, but was significantly up from $140.8 billion a year ago, the bank's data showed.

Foreign currency reserves — in convertible foreign currencies — dropped 2.2% month-on-month to $83.5 billion at the end of last year.

The bank's gold reserves — including gold deposits and, if appropriate, gold-swapped —were down by 0.9% to $64.3 billion.