Last updated Thursday 20 July 2023
On Thursday, the Turkish Central Bank announced an increase in its foreign exchange reserves in the week ending on July 14.
And he said, in a statement, that his foreign exchange reserves increased by two billion and 645 million dollars, and amounted to 113 billion and 62 million dollars. .
According to the data, the total foreign exchange reserves of the Central Bank increased until July 14 by one billion and 545 million dollars, and amounted to 71 billion and 381 million dollars.
The total foreign exchange reserves on July 7 were 69 billion and 836 million dollars.
As for gold, gold reserves increased during the aforementioned period by one billion and 101 million dollars, from 40 billion and 580 million dollars to 41 billion and 681 million dollars.
This rise is a positive sign of the strength of the Turkish economy and market confidence in the local currency.
Foreign exchange reserves are affected by a range of economic factors, including an external improvement or decline in economic relations, changes in foreign exchange rates, and the stability of the domestic economy.
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2023-07-20 15:00:25
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