By Gokhan Ergocun
ISTANBUL (AA) – The Turkish Central Bank’s reserves amounted to $95.3 billion at the end of February, the bank announced on Friday.
Total reserve assets posted a slight monthly decline of 0.4%, according to the bank’s international reserves and foreign currency liquidity report.
Foreign currency reserves – in convertible foreign currencies – totaled $53 billion, up 2.1% on a monthly basis.
Last month, the bank’s gold reserves – including gold deposits and, if appropriate, gold swapped – dropped 3.4% from January to $40.7 billion.
The bank’s reserves stood at $107.7 billion at the end of February 2020.
