5/8/2009

Turkey's foreign exchange reserves up

AA – The foreign exchange reserves of the Central Bank of the Republic of Turkey increased to USD 64,442 million as of May 1, said the bank on Thursday. The reserves were at USD 62,414 million on April 24. In its weekly bulletin, the bank said Turkey paid back USD 802 million of foreign debt in April. Turkey's foreign debt repayment amounted to USD 4.2 billion since the beginning of 2009. Turkey repaid USD 15.7 billion in 2008.