
Turkey: Foreign exchange reserves
* indicates monthly or quarterly data series
Turkey |
Foreign exchange reserves, billion currency units |
---|---|
Latest value | 117.41 |
Reference | February 2023 |
Measure | billion U.S. Dollar |
Source | Central Bank of the Republic of Turkey |
For that indicator, we provide data for Turkey from January 1981 to February 2023. The average value for Turkey during that period was 47.8 billion U.S. Dollar with a minimum of 0.93 billion U.S. Dollar in June 1983 and a maximum of 134.62 billion U.S. Dollar in November 2013.
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Measure: billion U.S. Dollar
Source: Central Bank of the Republic of Turkey
Source: Central Bank of the Republic of Turkey
Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.