Sunday, February 25, 2024

The Turkish lira has seen significant improvement since the end of the Financial Regulatory and Oversight Agency.

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The Turkish lira has seen significant improvement since the end of the Financial Regulatory and Oversight Agency.

The Turkish lira has seen significant improvement since the end of the Financial Regulatory and Oversight Agency.



The Turkish lira saw significant improvement against the dollar, reaching 16.56 lira against the dollar today, Friday.

This came after the Turkish Financial Regulatory and Oversight Agency approved a new regulation regulating the disbursement of business loans in the Turkish lira.

Companies with cash assets in foreign currencies not exceeding 15 million Turkish lira, as of the date of loan application, are required by an independent audit firm to determine their current foreign currency assets, total assets and net sales income for the previous year. According to the latest financial statements.

Ensure that the Turkish lira equivalent to their monetary assets does not exceed 15 million Turkish lira, and ensure that the notice and commitment are under the control of the Bank within every first 10 working days. Month, according to the previous month’s final budget, they have been excluded from this request. If you have current value for the last 12 months, Corporate Foreign Currency Assets and Total Assets.

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Nadia Barnett
Nadia Barnett
"Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

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