Turkish Central Bank reserves exceed $104B in October
According to the news of Hürriyet Daily News, the Turkish Central Bank on Nov. 28 announced its official reserves amounted to $104.6 billion as of the end of October.
Total reserve assets jumped to 3.4% in October, versus the end of September, the bank’s international reserves and foreign currency liquidity report showed.
Foreign currency reserves – in convertible foreign currencies – totaled some $76.5 billion, up 3.8% compared to the previous month.
In October, the bank’s gold reserves – including gold deposits and, if appropriate, gold swapped – also rose 2.7% monthly to $26.6 billion.
In mid-December 2013, its total reserves hit their all-time peak at nearly $136 billion, including some $21 billion in gold reserves.
Source: Hürriyet Daily News / link: http://www.hurriyetdailynews.com/turkish-central-bank-reserves-exceed-104b-in-october-149230
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