Turkey’s Official Gazette: Turkey seeks to ban foreign currency transactions for property sales and rental agreements

Dhwani Mehta FXStreet

Turkey’s Official Gazette came out with a statement on Thursday, citing that Turkey seeks to ban foreign currency transactions for property sales and rental agreements. This implies that the transactions for property sales and rental agreements need to be done via the Lira instead.

Also Read: USD/TRY Technical Analysis: Bearish pennant breakdown confirmed

All eyes on the CBRT later in the week – Danske Bank

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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