Türkiye bolsters gold reserves with 55-ton increase
13 oC
13 oC
Güneşli
13 oC
Güneşli
Türkiye's central bank significantly boosted its gold holdings in the first four months of 2024, according to data from the International Monetary Fund (IMF).
The data reveals that Türkiye acquired a substantial 55 tons and 564 kilograms of gold between January and April. This surge brings the country's total gold reserves to a hefty 781 tons and 957 kilograms.
This accumulation marks a continuation of Türkiye's focus on gold reserves. The nation's holdings stood at 542 tons at the close of 2022 and climbed to 726 tons by the end of 2023. The latest increase indicates an ongoing strategy to bolster its gold reserves. (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 seasonally adjusted unemployment rate remained unchanged at 8.6% in September 2025, the Turkish Statistical Institute (TurkStat) announced on Monday.
Türkiye, Iran, and Afghanistan have signed a landmark memorandum of understanding (MoU) to strengthen railway cooperation, marking a significant step toward regional transport integration, officials from the three nations confirmed on Friday.
The Central Bank of the Republic of Türkiye (CBRT) has announced a 100 basis point cut in its benchmark one-week repo auction rate, lowering it from 40.5 percent to 39.5 percent, as part of its latest monetary policy decision.
Pizza Hut, one of the world’s most recognizable fast-food brands, is set to close 68 of its restaurants across the United Kingdom after the company behind its UK dine-in venues, DC London Pie Limited, fell into administration.
