Receivables Arising In Turkey From Foreign Currency Exchange Rates

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In the context of a globalizing economy and increasing international trade, foreign currency debts and the resultant exchange rate claims hold critical importance within the Turkish Legal System. Our article comprehensively addresses the legal processes related to commercial transactions in foreign currencies and the exchange rate issues that arise during these transactions in light of the Turkish Code of Obligations (TCO) and the decisions of the Court of Cassation. From the prohibition of contracts in foreign currencies to the nuances of issuing invoices in foreign currencies, these complex and often overlooked issues serve as a vital guide for business professionals, legal practitioners, and academics. We have prepared an important resource for everyone seeking a deep understanding of the subject.