Turkish Central Bank reduces reserves

Azerbaijan, Baku, June 28 / Trend, A. Taghiyeva / The Turkish Central Bank's reserves decreased by $ 5.1 billion in May 2013 bringing them to a total of $128.8 billion compared to the previous month, the Turkish Central Bank's report said today. The Central Bank's reserves in foreign currency decreased by $ 5.3 billion and amounted to $107.1 billion. According to the report, the Turkish Central Bank's reserve position in IMF fell by $1 million, amounting to $169 million. The Central Bank's gold reserves amounted to $20.7 billion in May compared to $ 20.1 billion in April. According to the Central Bank, the net outflow from Turkey in May hit $12.7 billion. Do you have any feedback? Contact our journalist at agency@trend.az