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Asharq Al-Awsat

Business

Ankara - Saeed Abdulrazek

Saudi Deposit Boosts Foreign Reserves of Türkiye's Central Bank

central bank TÜRKİYE The Central Bank Saudi Arabia Nureddin Nebati SFD

Visitors at the Grand Bazaar, the most famous market in Istanbul (Getty Images)

The Turkish Central Bank's net international reserves rose by $6 billion last week to $25 billion after a $5 billion deposit from Saudi Arabia entered its accounts.

The central Bank's gross reserves rose $6.5 billion to $126.5 billion in the same period, Reuters quoted three bankers as saying.

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