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Bulletin Details

AMENDMENT TO THE DECISION NUMBERED 32 REGARDING PROTECTION OF THE VALUE OF THE TURKISH CURRENCY

The ninth paragraph of Article 8 of the Decision numbered 32 regarding the Protection of the Value of Turkish Currency has been amended as follows;

“Turkish residents are entitled to determine the contract prices and other payment obligations in foreign currency or indexed to foreign currency for contracts to be executed between themselves regarding the sale of movables other than vehicles.”

Prior to this amendment, it was obligatory to pay and accept these payments in Turkish liras.

Upon this amendment, the contract prices and other payment obligations arising from the above mentioned contracts can be paid in foreign currency or indexed to foreign currency as of 06.03.2025.