05March2019

New Development Implemented to Actions Taken for Protecting the Turkish Monetary Currency

The obligation of bringing export fees to Türkiye within 180 days and change 80% of this payment to a bank has been set as 6 months as of 04.09.2018, with the Communique on 32 Numbered Decree Regarding the Protection of Value of Turkish Currency (Regarding Export Prices). This duration which was to expire on 04.03.2019, has been extended to 1 year, 2019-32/53 numbered Communique published in the 30703 numbered and 03.03.2019 dated Official Gazette.

Author Selma Kıy, Category Law on Protection of the Value of Turkish Currency

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