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Turkish Central Bank total reserves reached an all-time high of $178.36 billion in the week ending Aug. 29, driven by a $2.09 billion surge in gold reserves, according to weekly monetary and banking statistics released by the Central Bank of the Republic of Türkiye (CBRT).
The record-breaking reserves marked a $2.03 billion increase from the previous week's $176.33 billion, with gold reserves leading the gains while foreign exchange holdings declined slightly.
Gold reserves jumped to $87.33 billion from $85.24 billion the previous week, representing a $2.09 billion increase. This significant rise in gold holdings offset a $59 million decrease in gross foreign exchange reserves, which fell to $91.03 billion from $91.09 billion.
The surge continues a broader trend of gold accumulation by the CBRT throughout 2025, with gold reserves rising from $68.23 billion at the start of the year.
Net international reserves, a key indicator of the country's external financial strength, rose by $1.87 billion to reach $73.63 billion, up from $71.76 billion the previous week.
Official reserve assets increased 1.2% week-over-week to $178.4 billion, with the following breakdown:
The public sector's short-term foreign exchange obligations, including both the Central Bank and Central Government, increased 0.3% to $115.7 billion.
The record level represents a significant milestone in Türkiye's reserve accumulation strategy. Total reserves have grown from $137.16 billion in January 2024, marking a more than $41 billion increase over approximately 20 months.
Since the beginning of 2025, total reserves have increased by nearly $11 billion:
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