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Turkish central bank’s foreign reserves hits record in November

Turkish central bank's foreign reserves hits record in November Central Bank of Republic of Türkiye (CBRT) sign on entrance of headquarter in Ankara, Türkiye. (AA Photo)
By Newsroom
Dec 12, 2024 4:50 PM

The Central Bank of the Republic of Türkiye (CBRT) reported that gross foreign exchange reserves reached a new peak of $95.01 billion, increasing by $2.19 billion from $92.82 billion.

According to the CBRT’s weekly monetary and banking statistics, total reserves rose by $1.65 billion to reach $159.39 billion during the week ending Dec. 6.

During the same period, gold reserves declined by $541 million, falling from $64.92 billion to $64.38 billion.

Consequently, the CBRT’s total reserves rose from $157.74 billion in the previous week to $159.39 billion as of Dec. 6.

Changes in CBRT reserves between November and December are shown in the table below:

DateGold reservesGross foreign exchange reservesTotal reserves
01.11.2024$66.614 billion$93.005 billion$159.619 billion
29.11.2024$64.920 billion$92.818 billion$157.738 billion
06.12.2024$64.379 billion$95.011 billion$159.390 billion
The Central Bank of the Republic of Türkiye (CBRT) reserves. Source: CBRT
Last Updated:  Dec 12, 2024 4:50 PM