E R T A

DEADLINE FOR FOREX CONVERSION SUPPORT ON SALES OF FOREIGN-SOURCED CURRENCIES TO THE CENTRAL BANK HAS BEEN EXTENDED

  • Published by

    Erta Audit

  • Type

    Publication

  • Date

    November 3, 2025

  • Reference

    ertadenetim.com.tr

DEADLINE FOR FOREX CONVERSION SUPPORT ON SALES OF FOREIGN-SOURCED CURRENCIES TO THE CENTRAL BANK HAS BEEN EXTENDED

As is known, companies that sell their foreign-sourced foreign currency to the Central Bank through a bank and commit not to purchase foreign currency for a period to be determined by the Central Bank receive forex conversion support equal to 2% of the amount converted to Turkish lira at the conversion rate.

The Communiqué (No. 2025/18) published in the Official Gazette No. 32973 dated 01.08.2025 had set the forex conversion support rate at 3% until 31.10.2025.

The Communiqué (No. 2025/26) published in the Official Gazette No. 33064 dated 01.11.2025 extended the forex conversion support date that was in effect until 31.10.2025 to 30.04.2026 (inclusive).

Respectfully.

https://www.resmigazete.gov.tr/eskiler/2025/11/20251101-5.htm