Türkiye's Central Bank reserves at $117.4B in February
Reserve assets fall 6.3% month-on-month, official data shows
By Tuba Sahin
ANKARA (AA) – The Turkish Central Bank's official reserve assets fell to $117.4 billion as of the end of February, according to the latest official figures released on Thursday.
The reserve assets decreased 6.3% from January's reading of $125.3 billion, said the bank's international reserves and foreign currency liquidity report.
Foreign currency reserves – in convertible foreign currencies – dropped 8.7% from the previous month to $61.3 billion in February.
The bank's gold reserves – including gold deposits and, if appropriate, gold-swapped – totaled at $48.7 billion, a decline of 3.8% from January.
In February 2022, the official reserve assets stood at $110.5 billion.
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