Turkey has withdrew their gold reserves from the US

News24xx.com -  In 2017, the Central Bank of Turkey has brought all the country's gold reserves from the US,  because the worsening relationship with Washington.

This was reported by the Turkish portal "Haber 7".

The American Federal Reserve stores about 28.7 tonnes of precious metal. And from all gold that withdrawn from the US, partly was returned to Turkey and also shipped for storage in Europe, the Bank of England and the bank in Switzerland.

At least, there are 220 tons of gold in the US Federal Reserve in the Central Bank of Turkey.

According to RIA Novosti, two other Turkish banks - Ziraat and Vakifbank - have also started restoring their gold reserves from the United States.

Their combined gold assets are estimated at 95 tons.

The Milliyet newspaper reported that gold from the US federal reserve system has been withdrawn by non-state banks in Turkish.

According to data for March 2018, the reserves of Turkey's Central Bank in gold amounted to USD 25.3 billion.

The return of Turkish gold from US banks due to the deterioration of relations between Ankara and Washington, and also problems in domestic financial markets.

It known, relations between Turkey and the United States have deteriorated not only because of support from the Syrian Kurds by the US government. But also because the arrest of Halkbank Deputy General Manager, Mehmet Hakan Atilla and entrepreneur Reza Zarraba in the US.

They are accused of financial collusion. The Turkish authorities believe that plan have been planned against Ankara.