Contract Prices in Securities Sales Contracts, Except for Vehicle Sales Contracts, Can Be Paid in Foreign Currency

As per the “Communiqué (No: 2025-32/72) Amending the Communiqué (Communiqué No: 2008-32/34) Regarding the Decree No: 32 on the Protection of the Value of the Turkish Currency (Communiqué No: 2025-32/34)” published in the Official Gazette dated March 6, 2025 and numbered 32833, the obligation to fulfill payment obligations in Turkish currency in securities sales contracts has been removed.

There was no obstacle for Turkish residents to determine the contract prices in foreign currency or indexed to foreign currency in the sale of securities contracts (excluding vehicle sale contracts) to be concluded between themselves, but the payments were made in Turkish currency, not in foreign currency. According to the communiqué published today, the payment obligations subject to securities sales contracts other than vehicle sales contracts can now be fulfilled in foreign currency.