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The Central Bank of the Republic of Türkiye's (CBRT) total reserves reached a record high of $183 billion in the week ending Sept. 26, marking a 2.3% increase from the previous week as both foreign currency and gold holdings climbed.
The central bank released its weekly monetary and banking statistics on Thursday, showing that gross reserves rose to $182.953 billion during the week of Sept. 26, up $4.1 billion from $178.85 billion the previous week.
Gross foreign exchange reserves increased by $1.6 billion to reach $86.7 billion as of Sept. 26, compared to $85.09 billion on Sept. 19, according to the central bank data.
Foreign currency assets rose 2.1% to $79 billion from the prior week, the statistics showed.
Gold reserves increased by $2.499 billion to $96.254 billion during the reporting period, representing a 2.7% weekly gain. Gold-denominated reserve assets reached $96.3 billion in the latest figures.
The International Monetary Fund (IMF) reserve position and Special Drawing Rights totaled $7.7 billion, declining 0.4% from the previous week.
Pre-determined foreign exchange liabilities decreased 2.9% to $59.6 billion compared to the prior week, while contingent foreign exchange liabilities rose 2.2% to $61.4 billion.
As of this week, the central bank's total foreign exchange liabilities stemming from foreign currency swap transactions were recorded at $19.6 billion.
The record reserve accumulation strengthens Türkiye's external financial position as the monetary authority continues building its buffer against potential currency volatility.
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