Turkey repatriates its gold reserves from U.S.

Section:

By Rufiz Hafizoglu
Trend News Agency
Baku, Azerbaijan
Thursday, April 19, 2018

https://en.trend.az/business/economy/2889996.html

Turkey's central bank has transferred its gold reserves stored in the U.S. Federal Reserve System to Turkey, Turkish media reported today, citing sources in the government.

The total volume of the gold reserves of Turkey's central bank stored in the United States was 220 tons.

Other Turkish banks, Ziraat and Vakifbank, have also started transferring a gold reserve of 95 tons from the United States to Turkey.

The Turkish central bank's gold reserves amounted to $25.3 billion in March 2018, according to the bank's report.



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