Turkish Central Bank reserves total $112B in April

Official reserve assets go up 1.5 pct compared to previous month

Turkish Central Bank reserves total $112B in April

World Bulletin / News Desk

Total reserves of the Central Bank of the Republic of Turkey (CBRT) amounted to $112 billion as of April 30, the bank announced on Monday.

Official reserve assets rose 1.5 percent, compared to $110.3 billion at the end of March, according to the Central Bank's international reserves and foreign currency liquidity report. 

In April, foreign currency reserves stood at $85.3 billion, marking a 2.3-percent increase on a monthly basis. 

Gold reserves fell 1 percent last month to $25.1 billion, compared to the previous month.

According to the official figures, the CBRT's total reserves recorded a 9-percent hike, compared to the $102.7 billion at the end of April 2017. Over the last decade, the bank's official reserve assets increased by nearly 45 percent.

In mid-December 2013, the bank's total reserves saw a historic high at nearly $136 billion, of which some $21 billion were in gold reserves. 

Last Mod: 28 Mayıs 2018, 11:54
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