In accordance with Decree numbered 32 on Protection of the Value of Turkish Currency Law, 80% of export prices must be brought and sold in Turkey within 180 days.

 

My question is; Is it possible to set off the price of the good that is subject to export and was bought in foreign currency from the export price, by paying the vendor in foreign currency?

 

 

No. Exporter has to exchange the foreign currency. Closing the current account with foreign currency is another transaction.

 

 

 

 


Source: İSMMMO
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