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ANKARA
The Turkish Central Bank’s official reserve assets hit their highest level this year as of May 24, according to weekly figures released on Thursday.
Gross reserves totaled $142.2 billion last Friday, rising from $139.1 billion in the previous week, the bank’s international reserves and foreign currency liquidity report showed.
Foreign currency reserves — in convertible foreign currencies — amounted to 82.8$ billion as of the end of last week, up from $78.6 billion in the prior week.
The bank’s gold reserves — including gold deposits and, if appropriate, gold-swapped — on May 24 dropped to $59.5 billion from $60.6 billion on May 17.
