The Regulation Amending the Communiqué on Decree No. 32 on the Protection of the Value of the Turkish Currency was published in the Official Gazette dated 28.02.2024.
With the Regulation, the last sentence of paragraph 9 of Article 8 titled “Foreign Currency Denominated and Foreign Currency Indexed Contracts” of the Communiqué on Decree No. 32 on the Protection of the Value of the Turkish Currency published in the Official Gazette dated 28.02.2008 has been amended and subparagraphs a, b, c, ç, d and e have been added to the same paragraph.
With the amendment, new exceptions have been introduced to the obligations that require the payment obligation to be made in Turkish currency in sales contracts other than vehicle sales contracts between persons residing in Turkey. In cases covered by these exceptions, it is now possible to make payments in foreign currency.