New decision from the Central Bank regarding FX-protected deposits
The Central Bank has decided to terminate the FX-protected support provided for the foreign currency and Turkish Lira accounts of companies with foreign currency liabilities.
The support provided for the foreign currency and Turkish Lira-denominated deposit and participation accounts of legal entities with foreign currency liabilities has been terminated.
According to the communiqué published in the Official Gazette by the Central Bank of the Republic of Turkey, the communiqué regarding the support to be provided for the foreign currency or Turkish Lira-denominated deposit and participation accounts of legal entities with foreign currency liabilities has been repealed.
News Source: 12punto
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