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Ministry of Treasury and Finance Circulated a draft Communique on F/X Ban

Following the recent Decree of the Presidency of the Republic of Turkey dated 13 September 2018 (Decree No: 85) that bans to use foreign currencies in contracts between Turkish residents, the Ministry of Treasury and Finance circulated a draft Communique on October 3, 2018, to receive opinions of relevant parties on implementation of the referred Decree and clarification of applicable exemptions.

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