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 option are not included in the perimeter held 364 tons. place in the world of Turkey ranking at the 21 o'clock stage a diminished. </p>
<p> According to information compiled from World Gold Council data as of July 2018, Turkey has a 238.3 tons of official gold reserves as of July. However, this figure equates to 10.3 percent of Turkey's total reserves. said 238.3 tons of official gold reserve with Turkey 19 Ranked among the countries of the world have been able to find its place. the respective figures, the scope of ROM Types of banks </p>
<p> <strong> For the comparison of equality </strong> </p>
<p> The Council has included in the previous calculations the amount of money that 39 He disclosed the gold reserves held under the ROM in the previous calculations. March From 364 tons level the result of the addition of gold reserves held under the specified ROM framework in Turkey was estimated at 602.3 tons level official gold reserves of Turkey. </p>
<p> by doing the calculation of the World Council of gold change Turkey, India in February in terms of the amount of gold reserves passed the world title of 10 'unculuğu lost the title of the 19th rank. In contrast, in terms of official gold reserves, a value of 364 tonnes was not included in the data. The Global Gold Council on the topic Market Intelligence Group of Krishan Gopaul, "reported that the data, except that it has the CBT, which kept under the ROM banks led to an increase in reserves are also included gold International Monetary Fund (IMF) Turkey. </p>
<p> <strong style= "La Turquie s'évaporant l'or")
& # 39; This calculating institution links & # 39; • We decided not to include gold held by the ROM in order to better reflect the reserves held by the CBRT and to make a more accurate comparison with the gold reserves of the others country.
In the statement made by CBRT officials, it is stated that the table of international reserves and foreign exchange liquidity is published monthly according to the definition, scope and classifications set out in the IMF methodology. Prepared the IMF's international reserves and currency liquidity data in a statement quoted as stated by month, "In this context, foreign exchange reserves and gross gold-denominated ROM of Turkey currency covered in banks by the BCRT and gold are included.
The reserve reserves of the Central Bank are estimated at 100 billion, according to the latest figures It represents a little over 101 billion of dollars. However, as mentioned above, these reserves also have reserves entrusted to the Central Bank in the sense that banks hold currencies and gold in the Central Bank. Again, according to the latest figures, net international reserves rise to $ 28.4 billion a week, ending July 20. That is to say that the reserve of nearly 73 billion dollars is actually the deposit that is entrusted to the Central Bank. Part of this reserve is made of foreign currency and part is gold. Turkey warned international credit and rating agencies, especially the current account deficit, and this deficit is due to the poor quality of financing. Pass this year, $ 50 billion on an annual basis is considered the current account deficit should fund a major problem, the lower reading of the reserves of the Central Bank may come as a major threat to Turkey.
R. O .. WHAT?
Reserve Option mechanism, an application that allows you to keep a certain percentage of money in currency or gold denominated in Turkish Lira must be kept by the bank at the Central Bank of the Republic of Turkey. Through this application, some of the assets that can be converted into cash in the hands of the bank are transferred to the CBRT. This is a mandatory application. Each bank must follow this rule. Thus, flexibility is ensured on the markets and the power of TL is increased. This is why the ROM has an important economic importance in our country. Thanks to a policy of balance between the increase in the amount of foreign exchange reserves should increase both the liquidity ratio must come to a strong position of Turkey. However, this is not a reserve that the Central Bank actually possesses. It therefore appears in gross reserves and not in net reserves.
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