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Turkey: Changes on the exemptions to the restriction on the use of foreign currency

20/11/2018

On 16 November 2018, the Ministry of Treasury and Finance (the “Ministry”) has announced certain changes on the exemptions to use foreign currency denominated or indexed payments for certain types of contracts among Turkish residents (the “Restriction”)...

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Authors

Portrait ofDöne Yalçın
Döne Yalçın
Partner
Istanbul
Portrait ofAlican Babalioglu
Alican Babalioglu
Managing Partner
Istanbul