Communiqué No. 2025-32/72, published in the Official Gazette of 6 March 2025, amends Communiqué No. 2008-32/34 on Decree No. 32 on the Protection of the Value of Turkish Currency.
Under Communiqué No. 2025-32/72, published in the Official Gazette of 6 March 2025, amending Communiqué No. 2008-32/34 on Decree No. 32 on the Protection of the Value of Turkish Currency:
“Persons resident in Türkiye may now agree the contract price and other payment obligations arising from those contracts in foreign currency or indexed to foreign currency in contracts for the sale of movable property concluded between themselves, other than vehicle sale contracts.”
The provision in the previous rules stating that “However, the payment obligations under the contract must be performed and accepted in Turkish currency” has been removed, so that payments no longer have to be made and accepted in Turkish currency. The restriction on making payments in foreign currency in such sales of MOVABLE property has therefore been lifted. Payments within this scope may from now on be made in FOREIGN CURRENCY or in Turkish lira.
Accordingly, with effect from 6 March 2025, persons resident in Türkiye may conclude contracts in foreign currency or indexed to foreign currency between themselves for the sale of all movable goods other than vehicles. Payments under those contracts may also be made in foreign currency.