Sharp Decline in Turkish Central Bank Reserves Amid Notable Gold Surge

Turkish Central Bank reserves witnessed a significant drop in the week ending April 11, with total reserves falling by $6.77 billion, reaching $147.49 billion, the lowest level recorded in the past ten months, according to official data released by the Central Bank of Türkiye (TCMB).

Meanwhile, gold reserves saw a remarkable increase during the same period, rising by $3.06 billion, from $76.42 billion to $79.48 billion.

Source: Central Bank of Türkiye – TCMB