The Presidential Decree on the Amendments to the Decree No. 32
on Protection of the Value of the Turkish Currency (the
Decree") has been published in the Official Gazette dated 13
September 2018 and numbered 30534 and entered into force starting
from its publication date.
By the Decree, it has been regulated that resident persons in
Turkey shall not determine the contract price and other contractual
payment obligations in a foreign currency or indexed to a foreign
currency in the following agreements;
- Purchasing and sales of movable property and real
estates,
- Renting of movable property and real estates,
- Car rentals and financial leasings,
- Leasings,
- Employment contracts,
