Turkey: Up-date on Protection of the Value of Turkish Currency

Turkey: Up-date on Protection of the Value of Turkish Currency

Turkey: Up-date on Protection of the Value of Turkish Currency 1000 1000 l2bpartners

Communiqué no. 2018-32/51 on the Amendments to the Communiqué Regarding the Decree numbered 32.

On 6 October 2018, the Turkish Ministry of Treasury and Finance issued the Communiqué no. 2018-32/51 to introduce a number of exceptions to the restrictions provided under the Turkish Presidential Decree no. 32 on the Protection of the Value of Turkish Lira. Additionally, the Turkish Ministry also issued a list of FAQs and its official interpretations/answers to clarify the exceptions provided under Communiqué no. 2018-32/51.