Turkish central bank reserves rise by $2.5 billion to $160.4 billion
13 oC
13 oC
Güneşli
13 oC
Güneşli
The Central Bank of the Republic of Türkiye (CBRT) reported a significant increase in its total reserves, which rose by USD 2.5 billion to reach USD 160.4 billion as of January 10, 2025.
According to the money and banking statistics released for the week of January 10, the Central Bank’s total reserves climbed by USD 2.514 billion in just one week, bringing the total to USD 160.447 billion.
The CBRT’s gross foreign exchange reserves saw a substantial increase of USD 1.838 billion, rising from USD 92.588 billion in the previous week to USD 94.426 billion as of January 10.
Gold reserves also experienced growth, increasing by USD 676 million. This brought the total gold reserves from USD 65.345 billion to USD 66.021 billion.
Overall, the total reserves grew significantly from USD 157.933 billion in the prior week to USD 160.447 billion, reflecting a robust performance in reserve accumulation.
The latest data underscores the Central Bank’s strengthened financial position as it continues to manage its monetary and banking policies effectively. (ILKHA)
LEGAL WARNING: All rights of the published news, photos and videos are reserved by İlke Haber Ajansı Basın Yayın San. Trade A.Ş. Under no circumstances can all or part of the news, photos and videos be used without a written contract or subscription.
Türkiye’s Minister of Finance and Treasury, Mehmet Şimşek, announced a marked improvement in inflation expectations across all sectors, citing it as a key indicator of the country’s stabilizing economic outlook.
Afghanistan’s Deputy Minister of Economy, Mawlawi Mohammad Alam Jamil, has called on the European Union and its member states to deepen economic cooperation and continue their humanitarian and development support for the Afghan people.
Global steel production declined by 3.8% year-on-year in May 2025, totaling 158.8 million tons, according to the latest figures released by the World Steel Association.
The Islamic Emirate of Afghanistan has taken a significant step toward economic self-reliance and prosperity with the approval of a comprehensive national Economic Policy during a high-level meeting of the Economic Commission on Sunday.
