The Turkish central bank's net international reserves rose some $760 million to $19.51 billion in the week to Nov. 25, hitting their highest since mid-February, central bank data showed on Thursday.
The exchange rate used by Reuters on Thursday was 18.6045. In July, the net forex reserves dropped to $6.07 billion, their lowest in at least 20 years, but since rebounded.
Forex reserves have dropped sharply in recent years due to market interventions and in the wake of a currency crisis in December. The lira lost 44% of its value against dollar last year.
The currency is down some 29% against the greenback this year and inflation climbed to more than 85% in October, the highest in President Tayyip Erdogan's two-decade rule.
Data showed the bank's outstanding swap transactions stood at $45.15 billion as of Wednesday. The reserves are in negative territory once the swaps are deducted.
