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Decree No:32 on Protection of the Value of Turkish Currency

With the aim of protecting the value of Turkish Currency, this Decree determines and sets forth the regulatory and restrictive principles regarding the determination of the value of Turkish currency against foreign currencies, all transactions related to foreign exchange and instruments denominated in foreign exchange (including securities and other capital market instruments) as well as the use and management of foreign exchange, the importation and exportation of Turkish currency and instruments denominated in Turkish currency (including securities and other capital market instruments), the transactions related to precious metals, stones and articles, foreign exchange transactions in relation to imports, exports, special exports and imports, invisible transactions and capital movements.

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