The total reserves of Türkiye's central bank fell by $252m (£190m) in the week to 28 August, official figures show.

The Central Bank of the Republic of Türkiye (CBRT) said its total reserves stood at $188.198bn at the end of the week, compared with $188.450bn a week earlier.

The figures showed a significant shift in the composition of the reserves.

Gross foreign exchange reserves fell by $3.119bn to $71.109bn, down from $74.228bn in the previous week.

At the same time, gold reserves increased by $2.868bn, rising from $114.221bn to $117.089bn.

The increase in gold holdings partly offset the decline in foreign exchange reserves, resulting in a relatively small overall decrease in the central bank's total reserves.

The latest figures were published by the CBRT as part of its weekly monetary and banking statistics.

Türkiye has been pursuing policies aimed at strengthening its foreign-exchange position and rebuilding international reserves as authorities seek to improve financial stability and reduce external vulnerabilities. (ILKHA)