Presidential Decree

20September2018

IMPORTANT STATEMENT OF MINISTRY OF TREASURY AND FINANCE

It has been announced on our website that we have expecting upcoming statements due to uncertainty regarding both the market expectation and the decree interpretation after the Presidential Decree which is published on the date of 13.09.2018.

The Ministry of Treasury and Finance issued a press statement about the Presidential Decree with regard to converting the agreements in foreign currency into Turkish lira. However, no progress has been made yet regarding the subsidiary regulations following the press statement.

Written by Seda Arıcı, Posted in Presidential Decree, Exchange Legislation, Protection of the Value of Turkish Currency Regulations

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