March 2 (SeeNews) - The international reserves held by Turkey's central bank totalled $95.7 billion (79.6 billion euro) at the end of January, up 2.6% on a monthly comparison basis, the bank said.
Foreign currency reserves went up 7.2% month-on-month in the first month of 2021 to $51.9 billion, whereas gold reserves fell 2.5% to $42.2 billion, the central bank said in a statement last week.
Short-term pre-determined net drains of the central government and the central bank, such as foreign currency loans, securities, and foreign exchange deposit liabilities, remained unchanged at $28.2 billion, of which some $22.9 billion in principal repayments and $5.3 billion in interest repayments.
Outstanding foreign exchange and gold liabilities arising from the central bank’s financial derivative operations with resident and non-resident banks recorded $59.3 billion, of which $20.9 billion is due in one month.