Regulations Regarding Foreign Exchange Liabilities And Its Possible Effects On Foreign Trade

ABSTRACT

Since the beginning of 2018, monetary depreciation has taken place in our country's currency against the EUR and the Dollar. In order to prevent the possible loss of value in Turkish Lira in near future again, regulations regarding foreign exchange liabilities have been made. The most important regulation is the introduction of mandatory repatriation of export revenues back to Turkey. In addition to this, contractual obligations indexed to foreign currency between Turkish residents are prohibited to an extent.

Keywords: Foreign Exchange Liabilities Regulations, Foreign Exchange Liabilities, Export Costs, Customs and Foreign Trade.

ENTRY

In this study, the details of the recent regulations, their aims and their possible effects on the import and export operations of Turkey will be examined.