Foreign currency loans to be extended to Turkish residents to be restricted by the Central Bank

The Decree No. 32 Regarding Protection of the Value of Turkish Currency (published in the Official Gazette dated August 11, 1989, No. 20249) issued by the Council of Ministers under the Law No. 1567, as amended (the “Decree No. 32”) is to be further amended by the Central Bank of Turkey (“Central Bank”).

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Practice Areas: Banking & Finance
Language: English
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