Foreign exchange reserves excluding gold reached 84.1 USD bil in 2017 in Turkey, according to the National Statistical Office. This is 8.62 % less than in the previous year.
Historically, foreign exchange reserves excluding gold in Turkey reached an all time high of 111 USD bil in 2013 and an all time low of 0.022 USD bil in 1967. When compared to Turkey's main peers, foreign exchange reserves excluding gold in Bulgaria amounted to 26.7 USD bil, 3.10 USD bil in Greece and 45.6 USD bil in Iraq in 2017.
Turkey has been ranked 22nd within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 5 places behind the position seen 10 years ago.
FX reserves in a strict sense are "only" the foreign currency deposits and bonds held by central banks and monetary authorities.