TCMB - Press Release on Rediscount Credits for Export and Foreign Exchange Earning Services (2018-20)
Central bank: tcmb | Type: decision | Date: 2018-05-25

Press Release on Rediscount Credits for Export and Foreign Exchange Earning Services (2018-20)
No: 2018-20
25 May 2018
Press Release on Rediscount Credits for Export and Foreign Exchange Earning Services
It has been decided that the repayments of rediscount credits for export and foreign exchange earning services that have been extended before 25 May 2018, which will be due by 31 July 2018 (included), can be made in Turkish liras at an exchange rate of 4.2000 for the USD, 4.9000 for the Euro, and 5.6000 for the GBP, provided that they are paid at maturity. In case the exchange rate on the date of credit extension is higher than these rates, the exchange rate on the date of credit extension will be applicable in credit repayment.
Press Release on Rediscount Credits for Export and Foreign Exchange Earning Services (2018-20)