Ankara: The Turkish Central Bank’s official international reserves reached a new all-time high of $186.2 billion as of October 3, according to official figures.
According to Emirates News Agency, the reserves rose by 1.8%, or $3.2 billion, from the previous week’s $183 billion, as stated by the bank and quoted by the state-run news agency Anadolu Agency.
Foreign currency reserves, which are held in convertible foreign currencies, increased by 0.4% to $79.3 billion compared to the previous week.
The bank’s gold reserves, including gold deposits and, if appropriate, gold-swapped, climbed 3% to $99.2 billion during the same period.
Meanwhile, the total IMF reserve position and special drawing rights increased slightly by 0.1%, reaching $7.8 billion.