(ECO) TURKEY'S FOREIGN EXCHANGE RESERVES UP.ANKARA, Sep 17, 2009 (TUR tur: see ibex. ) -- Foreign exchange reserves Foreign exchange reserves (also called Forex reserves) in a strict sense are only the foreign currency deposits held by central banks and monetary authorities. of the Turkish Central Bank increased to 70.7 billion USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. as of September 11, the bank said on Thursday. The reserves were 70.037 billion USD on September 4. In its weekly bulletin, the Central Bank said that Turkey paid back 643.85 million USD of foreign debt on September 1 and 16. Turkey's foreign debt repayments amounted to 8.2 billion USD since the beginning of 2009. Turkey repaid 15.7 billion USD in 2008. (THROUGH ASIA Asia (ā`zhə), the world's largest continent, 17,139,000 sq mi (44,390,000 sq km), with about 3.3 billion people, nearly three fifths of the world's total population. PULSE) |
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